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

iShares Asia 50 ETF (NASDAQ:AIA) was the recipient of a large growth in short interest in October. As of October 31st, there was short interest totalling 71,000 shares, a growth of 9.6% from the October 15th total of 64,800 shares. Based on an average daily volume of 98,700 shares, the days-to-cover ratio is presently 0.7 days.

iShares Asia 50 ETF Trading Up 1.1 %

AIA opened at $69.98 on Tuesday. The stock has a market capitalization of $839.76 million, a P/E ratio of 12.57 and a beta of 0.71. iShares Asia 50 ETF has a 12-month low of $52.02 and a 12-month high of $77.44. The stock has a 50-day moving average price of $71.52 and a 200-day moving average price of $68.33.

Institutional Investors Weigh In On iShares Asia 50 ETF

Several institutional investors have recently bought and sold shares of the stock. Upper Left Wealth Management LLC lifted its holdings in iShares Asia 50 ETF by 5.3% in the 2nd quarter. Upper Left Wealth Management LLC now owns 5,835 shares of the company’s stock worth $392,000 after buying an additional 292 shares during the period. Activest Wealth Management purchased a new stake in iShares Asia 50 ETF in the 3rd quarter worth approximately $35,000. MML Investors Services LLC lifted its holdings in iShares Asia 50 ETF by 3.8% in the 3rd quarter. MML Investors Services LLC now owns 20,585 shares of the company’s stock worth $1,488,000 after buying an additional 760 shares during the period. Insigneo Advisory Services LLC lifted its holdings in iShares Asia 50 ETF by 23.7% in the 3rd quarter. Insigneo Advisory Services LLC now owns 8,781 shares of the company’s stock worth $635,000 after buying an additional 1,685 shares during the period. Finally, Patten Group Inc. purchased a new stake in iShares Asia 50 ETF in the 3rd quarter worth approximately $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.