iShares Asia 50 ETF (NASDAQ:AIA) Short Interest Down 92.1% in February

iShares Asia 50 ETF (NASDAQ:AIA) was the recipient of a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 63,652 shares, a drop of 92.1% from the January 29th total of 803,425 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 259,793 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 259,793 shares, the short-interest ratio is currently 0.2 days. Approximately 0.3% of the shares of the company are sold short.

Hedge Funds Weigh In On iShares Asia 50 ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Ameriprise Financial Inc. increased its position in iShares Asia 50 ETF by 11.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 132,423 shares of the company’s stock valued at $10,735,000 after acquiring an additional 14,134 shares during the period. LPL Financial LLC increased its holdings in shares of iShares Asia 50 ETF by 36.8% during the fourth quarter. LPL Financial LLC now owns 93,569 shares of the company’s stock valued at $9,124,000 after purchasing an additional 25,177 shares during the period. Wells Fargo & Company MN increased its holdings in shares of iShares Asia 50 ETF by 46.1% during the fourth quarter. Wells Fargo & Company MN now owns 68,868 shares of the company’s stock valued at $6,715,000 after purchasing an additional 21,735 shares during the period. Mercer Global Advisors Inc. ADV bought a new stake in shares of iShares Asia 50 ETF during the fourth quarter valued at about $5,482,000. Finally, Creative Planning acquired a new stake in iShares Asia 50 ETF in the third quarter worth about $5,217,000.

iShares Asia 50 ETF Stock Performance

Shares of AIA traded up $1.76 during midday trading on Wednesday, hitting $118.91. 220,919 shares of the stock traded hands, compared to its average volume of 537,659. The business’s 50 day moving average price is $105.63 and its two-hundred day moving average price is $97.65. The firm has a market capitalization of $2.44 billion, a PE ratio of 13.81 and a beta of 0.70. iShares Asia 50 ETF has a 1-year low of $59.91 and a 1-year high of $119.20.

iShares Asia 50 ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were given a $1.6251 dividend. The ex-dividend date was Tuesday, December 16th. This represents a yield of 352.0%.

About iShares Asia 50 ETF

iShares Asia 50 ETF (the Fund), formerly iShares S&P Asia 50 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Asia 50 Index (the Index). The Index is a free float-adjusted, market capitalization-weighted index that is designed to measure the performance of the 50 leading companies from four Asian markets: Hong Kong, Singapore, South Korea and Taiwan. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.