iShares Asia 50 ETF (NASDAQ:AIA) Short Interest Up 13.9% in June

iShares Asia 50 ETF (NASDAQ:AIA) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totalling 36,000 shares, a growth of 13.9% from the May 31st total of 31,600 shares. Based on an average daily volume of 53,500 shares, the days-to-cover ratio is currently 0.7 days.

iShares Asia 50 ETF Stock Performance

AIA traded up $0.78 during trading on Tuesday, reaching $67.99. The company had a trading volume of 80,080 shares, compared to its average volume of 51,933. iShares Asia 50 ETF has a 12-month low of $52.02 and a 12-month high of $68.76. The firm’s 50-day simple moving average is $65.75 and its 200 day simple moving average is $60.63. The company has a market cap of $1.60 billion, a price-to-earnings ratio of 12.57 and a beta of 0.71.

iShares Asia 50 ETF Dividend Announcement

The firm also recently announced a Semi-Annual dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were paid a dividend of $0.3784 per share. The ex-dividend date of this dividend was Tuesday, June 11th.

Institutional Investors Weigh In On iShares Asia 50 ETF

Several institutional investors have recently made changes to their positions in AIA. OLD Mission Capital LLC lifted its holdings in shares of iShares Asia 50 ETF by 147.2% during the 1st quarter. OLD Mission Capital LLC now owns 214,209 shares of the company’s stock valued at $13,005,000 after buying an additional 127,571 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of iShares Asia 50 ETF during the 1st quarter valued at about $6,847,000. Flow Traders U.S. LLC lifted its holdings in shares of iShares Asia 50 ETF by 44.0% during the 1st quarter. Flow Traders U.S. LLC now owns 230,957 shares of the company’s stock valued at $14,021,000 after buying an additional 70,559 shares during the last quarter. StoneX Group Inc. acquired a new stake in iShares Asia 50 ETF in the 1st quarter worth approximately $4,177,000. Finally, Vontobel Holding Ltd. lifted its holdings in iShares Asia 50 ETF by 299.9% in the 4th quarter. Vontobel Holding Ltd. now owns 39,751 shares of the company’s stock worth $2,304,000 after purchasing an additional 29,812 shares during the last quarter.

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.