iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Sees Large Increase in Short Interest

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 286,900 shares, a growth of 66.4% from the August 31st total of 172,400 shares. Based on an average trading volume of 59,600 shares, the days-to-cover ratio is presently 4.8 days. Based on an average trading volume of 59,600 shares, the days-to-cover ratio is presently 4.8 days.

iShares MSCI Emerging Markets Asia ETF Trading Up 0.2%

EEMA stock opened at $93.57 on Monday. The firm has a market cap of $1.56 billion, a PE ratio of 15.31 and a beta of 0.69. The stock has a 50-day moving average price of $87.61 and a 200-day moving average price of $81.04. iShares MSCI Emerging Markets Asia ETF has a 1-year low of $63.50 and a 1-year high of $93.88.

Institutional Trading of iShares MSCI Emerging Markets Asia ETF

Several large investors have recently modified their holdings of EEMA. OLD Mission Capital LLC acquired a new position in shares of iShares MSCI Emerging Markets Asia ETF during the 1st quarter valued at $4,564,000. Janney Montgomery Scott LLC bought a new stake in iShares MSCI Emerging Markets Asia ETF in the second quarter valued at $139,179,000. Madison Asset Management LLC raised its holdings in shares of iShares MSCI Emerging Markets Asia ETF by 5.5% during the first quarter. Madison Asset Management LLC now owns 464,630 shares of the company’s stock valued at $34,415,000 after purchasing an additional 24,157 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of iShares MSCI Emerging Markets Asia ETF by 5,529.8% during the second quarter. JPMorgan Chase & Co. now owns 41,548 shares of the company’s stock valued at $3,430,000 after purchasing an additional 40,810 shares during the period. Finally, Twin Peaks Wealth Advisors LLC bought a new position in shares of iShares MSCI Emerging Markets Asia ETF during the 2nd quarter worth about $26,000.

About iShares MSCI Emerging Markets Asia ETF

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.