iShares Asia 50 ETF (NASDAQ:AIA) Short Interest Update

iShares Asia 50 ETF (NASDAQ:AIA) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 40,323 shares, an increase of 219.7% from the June 30th total of 12,612 shares. Based on an average daily trading volume, of 460,809 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Mercer Global Advisors Inc. ADV acquired a new stake in shares of iShares Asia 50 ETF in the 4th quarter valued at $5,482,000. Creative Planning bought a new stake in shares of iShares Asia 50 ETF during the 3rd quarter worth $5,217,000. Elite Wealth Management Inc. bought a new stake in shares of iShares Asia 50 ETF during the 1st quarter worth $4,169,000. Bank of America Corp DE boosted its stake in iShares Asia 50 ETF by 274.1% in the third quarter. Bank of America Corp DE now owns 49,766 shares of the company’s stock valued at $4,708,000 after buying an additional 36,462 shares in the last quarter. Finally, LPL Financial LLC boosted its stake in iShares Asia 50 ETF by 36.8% in the fourth quarter. LPL Financial LLC now owns 93,569 shares of the company’s stock valued at $9,124,000 after buying an additional 25,177 shares in the last quarter.

iShares Asia 50 ETF Stock Down 2.6%

Shares of NASDAQ:AIA traded down $3.47 during midday trading on Friday, hitting $131.15. The stock had a trading volume of 1,035,865 shares, compared to its average volume of 510,861. The company’s 50-day moving average price is $138.61 and its 200-day moving average price is $122.27. iShares Asia 50 ETF has a fifty-two week low of $81.52 and a fifty-two week high of $150.83. The company has a market capitalization of $4.52 billion, a P/E ratio of 13.81 and a beta of 0.86.

iShares Asia 50 ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a $0.5145 dividend. The ex-dividend date of this dividend was Monday, June 15th.

iShares Asia 50 ETF Company Profile

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.