iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Sees Large Growth in Short Interest

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 164,678 shares, a growth of 100.2% from the December 15th total of 82,265 shares. Approximately 1.0% of the shares of the company are sold short. Based on an average trading volume of 53,749 shares, the short-interest ratio is currently 3.1 days. Based on an average trading volume of 53,749 shares, the short-interest ratio is currently 3.1 days. Approximately 1.0% of the shares of the company are sold short.

iShares MSCI Emerging Markets Asia ETF Stock Performance

NASDAQ EEMA opened at $99.02 on Friday. The business’s fifty day moving average is $94.20 and its 200 day moving average is $90.57. iShares MSCI Emerging Markets Asia ETF has a fifty-two week low of $63.50 and a fifty-two week high of $99.96. The company has a market capitalization of $1.65 billion, a PE ratio of 15.31 and a beta of 0.60.

iShares MSCI Emerging Markets Asia ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were paid a dividend of $1.2044 per share. The ex-dividend date was Tuesday, December 16th. This represents a yield of 266.0%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of EEMA. Cullen Frost Bankers Inc. purchased a new position in shares of iShares MSCI Emerging Markets Asia ETF in the second quarter valued at about $143,000. Bank of New York Mellon Corp grew its position in shares of iShares MSCI Emerging Markets Asia ETF by 5.0% during the second quarter. Bank of New York Mellon Corp now owns 79,150 shares of the company’s stock worth $6,534,000 after purchasing an additional 3,755 shares in the last quarter. Janney Montgomery Scott LLC bought a new stake in iShares MSCI Emerging Markets Asia ETF during the 2nd quarter valued at approximately $139,179,000. WestEnd Advisors LLC purchased a new position in iShares MSCI Emerging Markets Asia ETF in the 2nd quarter worth approximately $153,151,000. Finally, Transcend Capital Advisors LLC purchased a new position in iShares MSCI Emerging Markets Asia ETF in the 2nd quarter worth approximately $3,113,000.

iShares MSCI Emerging Markets Asia ETF Company Profile

The iShares MSCI Emerging Markets Asia ETF (EEMA) is an exchange-traded fund that is based on the MSCI EM Asia Custom Capped index, a market-cap-weighted index of Asian emerging markets firms. EEMA was launched on Feb 8, 2012 and is managed by BlackRock.