iShares Asia 50 ETF (NASDAQ:AIA) Short Interest Up 219.7% in July

iShares Asia 50 ETF (NASDAQ:AIA) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 40,323 shares, a growth of 219.7% from the June 30th total of 12,612 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 460,809 shares, the short-interest ratio is presently 0.1 days.

iShares Asia 50 ETF Stock Down 0.2%

Shares of AIA traded down $0.21 during mid-day trading on Monday, hitting $130.94. 282,064 shares of the company’s stock were exchanged, compared to its average volume of 509,238. The stock has a market cap of $4.51 billion, a price-to-earnings ratio of 13.81 and a beta of 0.86. The firm has a fifty day moving average of $138.61 and a two-hundred day moving average of $122.40. iShares Asia 50 ETF has a twelve month low of $81.52 and a twelve month high of $150.83.

iShares Asia 50 ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $0.5145 dividend. The ex-dividend date was Monday, June 15th.

Hedge Funds Weigh In On iShares Asia 50 ETF

Several institutional investors have recently bought and sold shares of AIA. Global Retirement Partners LLC lifted its position in shares of iShares Asia 50 ETF by 2,650.0% in the fourth quarter. Global Retirement Partners LLC now owns 275 shares of the company’s stock worth $27,000 after buying an additional 265 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in shares of iShares Asia 50 ETF during the 4th quarter valued at about $52,000. CrossGen Wealth LLC acquired a new position in shares of iShares Asia 50 ETF during the 1st quarter valued at about $56,000. Fifth Third Bancorp bought a new position in shares of iShares Asia 50 ETF in the 1st quarter valued at approximately $61,000. Finally, Assetmark Inc. bought a new position in shares of iShares Asia 50 ETF in the 4th quarter valued at approximately $74,000.

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.