iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA – Get Free Report) was the target of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 64,540 shares, a decline of 50.8% from the September 30th total of 131,137 shares. Based on an average daily volume of 105,622 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.9% of the company’s stock are sold short.
iShares MSCI Emerging Markets Asia ETF Stock Performance
NASDAQ EEMA traded down $2.88 during trading hours on Friday, reaching $105.72. 45,652 shares of the company’s stock were exchanged, compared to its average volume of 180,403. The company has a market capitalization of $782.33 million, a price-to-earnings ratio of 15.31 and a beta of 0.75. The company’s 50-day moving average is $114.56 and its two-hundred day moving average is $109.64. iShares MSCI Emerging Markets Asia ETF has a one year low of $89.63 and a one year high of $122.73.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in iShares MSCI Emerging Markets Asia ETF stock. WestEnd Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,775 shares of the company’s stock, valued at approximately $1,249,000. WestEnd Advisors LLC owned approximately 0.15% of iShares MSCI Emerging Markets Asia ETF as of its most recent SEC filing.
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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