Short Interest in iShares Asia 50 ETF (NASDAQ:AIA) Grows By 65.4%

iShares Asia 50 ETF (NASDAQ:AIA) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 31,416 shares, a growth of 65.4% from the November 30th total of 18,998 shares. Based on an average daily volume of 109,595 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the shares of the company are sold short. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 109,595 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Investors Weigh In On iShares Asia 50 ETF

Several hedge funds and other institutional investors have recently bought and sold shares of AIA. CIBC Private Wealth Group LLC bought a new position in shares of iShares Asia 50 ETF in the third quarter valued at approximately $78,000. Susquehanna International Group LLP increased its stake in shares of iShares Asia 50 ETF by 11.3% in the third quarter. Susquehanna International Group LLP now owns 30,887 shares of the company’s stock worth $2,922,000 after purchasing an additional 3,131 shares in the last quarter. Lido Advisors LLC grew its position in shares of iShares Asia 50 ETF by 53.0% in the third quarter. Lido Advisors LLC now owns 8,560 shares of the company’s stock valued at $810,000 after purchasing an additional 2,964 shares in the last quarter. Citadel Advisors LLC grew its holdings in iShares Asia 50 ETF by 472.9% during the 3rd quarter. Citadel Advisors LLC now owns 14,414 shares of the company’s stock valued at $1,364,000 after buying an additional 11,898 shares in the last quarter. Finally, Bank of America Corp DE grew its stake in iShares Asia 50 ETF by 274.1% during the third quarter. Bank of America Corp DE now owns 49,766 shares of the company’s stock valued at $4,708,000 after acquiring an additional 36,462 shares in the last quarter.

iShares Asia 50 ETF Price Performance

Shares of NASDAQ:AIA opened at $97.08 on Friday. The company has a market capitalization of $1.44 billion, a P/E ratio of 13.81 and a beta of 0.70. The business’s 50 day simple moving average is $96.48 and its 200 day simple moving average is $89.97. iShares Asia 50 ETF has a 1 year low of $59.91 and a 1 year high of $101.22.

iShares Asia 50 ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were issued a $1.6251 dividend. The ex-dividend date was Tuesday, December 16th. This represents a yield of 352.0%.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.