iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA – Get Free Report) was the target of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 64,540 shares, a decrease of 50.8% from the September 30th total of 131,137 shares. Approximately 0.9% of the company’s shares are short sold. Based on an average daily volume of 105,622 shares, the days-to-cover ratio is currently 0.6 days.
Institutional Trading of iShares MSCI Emerging Markets Asia ETF
A hedge fund recently bought a new position in iShares MSCI Emerging Markets Asia ETF stock. AdvisorShares Investments LLC bought a new stake in iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA – Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 166,252 shares of the company’s stock, valued at approximately $15,916,000. iShares MSCI Emerging Markets Asia ETF accounts for about 2.9% of AdvisorShares Investments LLC’s portfolio, making the stock its 7th largest position. AdvisorShares Investments LLC owned about 1.40% of iShares MSCI Emerging Markets Asia ETF as of its most recent filing with the Securities and Exchange Commission (SEC).
iShares MSCI Emerging Markets Asia ETF Stock Performance
NASDAQ:EEMA traded down $2.88 during trading hours on Friday, hitting $105.72. The stock had a trading volume of 45,652 shares, compared to its average volume of 180,403. iShares MSCI Emerging Markets Asia ETF has a one year low of $89.63 and a one year high of $122.73. The company has a market cap of $782.33 million, a price-to-earnings ratio of 15.31 and a beta of 0.75. The business’s 50 day moving average is $114.56 and its 200-day moving average is $109.64.
iShares MSCI Emerging Markets Asia ETF Company Profile
The iShares MSCI Emerging Markets Asia ETF (EEMA) is an exchange-traded fund that is based on the MSCI EM Asia Custom Capped index, a market-cap-weighted index of Asian emerging markets firms. EEMA was launched on Feb 8, 2012 and is managed by BlackRock.
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