iShares Asia 50 ETF (NASDAQ:AIA) Stock Short Interest Climbs 101.1%

iShares Asia 50 ETF (NASDAQ:AIA – Get Free Report) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 198,697 shares, an increase of 101.1% from the August 31st total of 98,807 shares. Based on an average daily volume of 320,673 shares, the short-interest ratio is presently 0.6 days. Currently, 0.6% of the shares of the company are sold short.

iShares Asia 50 ETF Stock Up 0.1%

AIA traded up $0.15 on Tuesday, hitting $143.59. The company’s stock had a trading volume of 37,602 shares, compared to its average volume of 477,551. The company’s 50 day simple moving average is $138.04 and its 200-day simple moving average is $131.64. The firm has a market cap of $4.97 billion, a P/E ratio of 13.81 and a beta of 0.89. iShares Asia 50 ETF has a 12 month low of $90.70 and a 12 month high of $150.83.

Hedge Funds Weigh In On iShares Asia 50 ETF

Hedge funds have recently made changes to their positions in the stock. CrossGen Wealth LLC bought a new position in shares of iShares Asia 50 ETF in the first quarter valued at approximately $56,000. Fifth Third Bancorp bought a new stake in iShares Asia 50 ETF during the first quarter valued at $61,000. Optiver Holding B.V. bought a new stake in iShares Asia 50 ETF during the first quarter valued at $74,000. Assetmark Inc. grew its position in iShares Asia 50 ETF by 23.5% during the first quarter. Assetmark Inc. now owns 942 shares of the company’s stock worth $100,000 after buying an additional 179 shares in the last quarter. Finally, C M Bidwell & Associates Ltd. bought a new position in iShares Asia 50 ETF in the 2nd quarter worth about $60,000.

About iShares Asia 50 ETF

(Get Free Report)

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.

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