iShares Asia 50 ETF (NASDAQ:AIA) Sees Large Decrease in Short Interest

iShares Asia 50 ETF (NASDAQ:AIA) was the target of a significant decline in short interest in March. As of March 31st, there was short interest totalling 25,200 shares, a decline of 47.1% from the March 15th total of 47,600 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average trading volume of 74,700 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On iShares Asia 50 ETF

Large investors have recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC raised its holdings in shares of iShares Asia 50 ETF by 1.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 44,473 shares of the company’s stock worth $3,017,000 after acquiring an additional 419 shares in the last quarter. Focus Partners Wealth purchased a new stake in shares of iShares Asia 50 ETF during the 4th quarter valued at about $3,183,000. Bank of America Corp DE grew its position in iShares Asia 50 ETF by 101.5% in the fourth quarter. Bank of America Corp DE now owns 25,309 shares of the company’s stock worth $1,717,000 after acquiring an additional 12,751 shares in the last quarter. Marshall Wace LLP increased its stake in iShares Asia 50 ETF by 64.8% during the fourth quarter. Marshall Wace LLP now owns 8,735 shares of the company’s stock worth $592,000 after acquiring an additional 3,435 shares during the last quarter. Finally, NewEdge Advisors LLC raised its position in iShares Asia 50 ETF by 1,179.8% during the fourth quarter. NewEdge Advisors LLC now owns 5,887 shares of the company’s stock valued at $399,000 after purchasing an additional 5,427 shares during the period.

iShares Asia 50 ETF Trading Up 0.2 %

Shares of AIA opened at $67.70 on Wednesday. iShares Asia 50 ETF has a 12-month low of $58.02 and a 12-month high of $77.87. The company has a market capitalization of $633.00 million, a PE ratio of 14.15 and a beta of 0.71. The business’s 50 day moving average is $72.47 and its 200 day moving average is $71.29.

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.