iShares Asia 50 ETF (NASDAQ:AIA) Short Interest Down 35.5% in December

iShares Asia 50 ETF (NASDAQ:AIA) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 24,200 shares, a decline of 35.5% from the November 30th total of 37,500 shares. Based on an average daily volume of 81,000 shares, the days-to-cover ratio is currently 0.3 days.

iShares Asia 50 ETF Stock Down 0.3 %

Shares of AIA traded down $0.24 during mid-day trading on Friday, reaching $68.80. The company’s stock had a trading volume of 14,379 shares, compared to its average volume of 74,796. iShares Asia 50 ETF has a 1 year low of $52.02 and a 1 year high of $77.44. The company has a market cap of $825.60 million, a price-to-earnings ratio of 12.57 and a beta of 0.71. The business has a fifty day moving average of $70.64 and a 200 day moving average of $69.09.

iShares Asia 50 ETF Announces Dividend

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

Institutional Trading of iShares Asia 50 ETF

A number of hedge funds have recently made changes to their positions in AIA. Activest Wealth Management purchased a new position in iShares Asia 50 ETF during the third quarter valued at approximately $35,000. Patten Group Inc. acquired a new stake in shares of iShares Asia 50 ETF during the 3rd quarter valued at $203,000. Walleye Capital LLC purchased a new position in shares of iShares Asia 50 ETF during the 3rd quarter valued at $393,000. Marshall Wace LLP grew its holdings in shares of iShares Asia 50 ETF by 68.1% during the 2nd quarter. Marshall Wace LLP now owns 7,060 shares of the company’s stock valued at $474,000 after acquiring an additional 2,860 shares in the last quarter. Finally, Insigneo Advisory Services LLC increased its stake in shares of iShares Asia 50 ETF by 23.7% in the third quarter. Insigneo Advisory Services LLC now owns 8,781 shares of the company’s stock worth $635,000 after acquiring an additional 1,685 shares during the last quarter.

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.