iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Short Interest Up 24.5% in February

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) was the recipient of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 326,640 shares, an increase of 24.5% from the February 12th total of 262,322 shares. Based on an average daily trading volume, of 150,597 shares, the days-to-cover ratio is currently 2.2 days. Currently, 1.9% of the shares of the company are short sold. Currently, 1.9% of the shares of the company are short sold. Based on an average daily trading volume, of 150,597 shares, the days-to-cover ratio is currently 2.2 days.

Hedge Funds Weigh In On iShares MSCI Emerging Markets Asia ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of EEMA. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of iShares MSCI Emerging Markets Asia ETF in the second quarter valued at about $26,000. Cary Street Partners Financial LLC acquired a new position in iShares MSCI Emerging Markets Asia ETF during the fourth quarter worth about $41,000. Private Trust Co. NA increased its holdings in iShares MSCI Emerging Markets Asia ETF by 226.9% in the fourth quarter. Private Trust Co. NA now owns 742 shares of the company’s stock valued at $70,000 after buying an additional 515 shares in the last quarter. Cornerstone Planning Group LLC lifted its position in shares of iShares MSCI Emerging Markets Asia ETF by 27.5% during the 3rd quarter. Cornerstone Planning Group LLC now owns 752 shares of the company’s stock valued at $72,000 after acquiring an additional 162 shares during the period. Finally, Cullen Frost Bankers Inc. lifted its position in shares of iShares MSCI Emerging Markets Asia ETF by 76.3% during the 4th quarter. Cullen Frost Bankers Inc. now owns 3,058 shares of the company’s stock valued at $287,000 after acquiring an additional 1,323 shares during the period.

iShares MSCI Emerging Markets Asia ETF Stock Up 0.0%

EEMA traded up $0.04 on Friday, hitting $97.22. 48,509 shares of the company traded hands, compared to its average volume of 276,059. iShares MSCI Emerging Markets Asia ETF has a 12-month low of $63.50 and a 12-month high of $108.00. The company has a 50 day moving average of $101.18 and a 200-day moving average of $95.46. The stock has a market capitalization of $1.64 billion, a PE ratio of 15.31 and a beta of 0.60.

iShares MSCI Emerging Markets Asia ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were paid a dividend of $1.2044 per share. This represents a dividend yield of 266.0%. The ex-dividend date was Tuesday, December 16th.

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.