iShares Asia 50 ETF (NASDAQ:AIA) Short Interest Down 52.5% in January

iShares Asia 50 ETF (NASDAQ:AIA) was the target of a large decline in short interest in January. As of January 31st, there was short interest totalling 12,300 shares, a decline of 52.5% from the January 15th total of 25,900 shares. Based on an average daily trading volume, of 35,900 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On iShares Asia 50 ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Activest Wealth Management acquired a new position in iShares Asia 50 ETF during the third quarter worth $35,000. Kingsview Wealth Management LLC bought a new position in shares of iShares Asia 50 ETF in the 3rd quarter valued at approximately $3,417,000. DRW Securities LLC acquired a new stake in iShares Asia 50 ETF in the 3rd quarter worth approximately $1,295,000. Walleye Capital LLC bought a new stake in iShares Asia 50 ETF during the third quarter worth approximately $393,000. Finally, Flow Traders U.S. LLC grew its holdings in iShares Asia 50 ETF by 89.8% during the third quarter. Flow Traders U.S. LLC now owns 114,220 shares of the company’s stock valued at $8,256,000 after purchasing an additional 54,055 shares during the last quarter.

iShares Asia 50 ETF Stock Performance

Shares of AIA opened at $73.41 on Friday. The firm has a market cap of $770.81 million, a PE ratio of 12.57 and a beta of 0.71. The firm’s 50 day moving average price is $69.40 and its 200 day moving average price is $69.40. iShares Asia 50 ETF has a twelve month low of $56.87 and a twelve month high of $77.44.

iShares Asia 50 ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a dividend of $1.5096 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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.