iShares Asia 50 ETF (NASDAQ:AIA) Short Interest Down 94.0% in June

iShares Asia 50 ETF (NASDAQ:AIAGet Free Report) was the target of a large decline in short interest in June. As of June 30th, there was short interest totaling 12,612 shares, a decline of 94.0% from the June 15th total of 210,902 shares. Based on an average daily trading volume, of 526,216 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

iShares Asia 50 ETF Price Performance

Shares of NASDAQ:AIA traded down $0.08 during trading on Friday, hitting $138.82. 720,076 shares of the company were exchanged, compared to its average volume of 523,150. The company has a market cap of $5.04 billion, a PE ratio of 13.81 and a beta of 0.86. The stock has a 50 day moving average of $138.62 and a 200 day moving average of $119.71. iShares Asia 50 ETF has a 52-week low of $80.92 and a 52-week high of $150.83.

iShares Asia 50 ETF Dividend Announcement

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

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada grew its holdings in iShares Asia 50 ETF by 168.7% during the 1st quarter. Royal Bank of Canada now owns 24,403 shares of the company’s stock valued at $1,766,000 after buying an additional 15,321 shares in the last quarter. Jones Financial Companies Lllp bought a new position in shares of iShares Asia 50 ETF in the first quarter valued at approximately $355,000. NewEdge Advisors LLC boosted its position in shares of iShares Asia 50 ETF by 5.3% in the second quarter. NewEdge Advisors LLC now owns 6,200 shares of the company’s stock valued at $503,000 after acquiring an additional 313 shares during the period. Raymond James Financial Inc. grew its stake in iShares Asia 50 ETF by 7.6% during the second quarter. Raymond James Financial Inc. now owns 13,700 shares of the company’s stock valued at $1,110,000 after acquiring an additional 966 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its stake in iShares Asia 50 ETF by 11.9% during the second quarter. Ameriprise Financial Inc. now owns 132,423 shares of the company’s stock valued at $10,735,000 after acquiring an additional 14,134 shares in the last quarter.

iShares Asia 50 ETF Company Profile

(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.

Read More

Receive News & Ratings for iShares Asia 50 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Asia 50 ETF and related companies with MarketBeat.com's FREE daily email newsletter.