Short Interest in iShares Asia 50 ETF (NASDAQ:AIA) Decreases By 14.1%

iShares Asia 50 ETF (NASDAQ:AIA) saw a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 61,000 shares, a decline of 14.1% from the October 31st total of 71,000 shares. Based on an average trading volume of 98,300 shares, the short-interest ratio is currently 0.6 days.

iShares Asia 50 ETF Stock Up 0.3 %

Shares of iShares Asia 50 ETF stock opened at $69.24 on Monday. iShares Asia 50 ETF has a fifty-two week low of $52.02 and a fifty-two week high of $77.44. The business’s fifty day moving average is $72.21 and its two-hundred day moving average is $68.62. The firm has a market cap of $830.88 million, a PE ratio of 12.57 and a beta of 0.71.

Hedge Funds Weigh In On iShares Asia 50 ETF

Several large investors have recently added to or reduced their stakes in AIA. Avalon Capital Management acquired a new position in iShares Asia 50 ETF during the second quarter worth approximately $2,030,000. Upper Left Wealth Management LLC grew its stake in shares of iShares Asia 50 ETF by 5.3% during the 2nd quarter. Upper Left Wealth Management LLC now owns 5,835 shares of the company’s stock valued at $392,000 after buying an additional 292 shares during the period. Bank of Montreal Can increased its holdings in shares of iShares Asia 50 ETF by 1,142.7% during the 2nd quarter. Bank of Montreal Can now owns 47,159 shares of the company’s stock worth $3,206,000 after buying an additional 43,364 shares during the last quarter. Marshall Wace LLP raised its position in shares of iShares Asia 50 ETF by 68.1% in the 2nd quarter. Marshall Wace LLP now owns 7,060 shares of the company’s stock worth $474,000 after buying an additional 2,860 shares during the period. Finally, Patten Group Inc. acquired a new position in iShares Asia 50 ETF in the third quarter valued at $203,000.

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.