iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Short Interest Update

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) saw a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 3,900 shares, a drop of 88.3% from the December 31st total of 33,300 shares. Based on an average trading volume of 40,800 shares, the days-to-cover ratio is currently 0.1 days.

iShares MSCI Emerging Markets Asia ETF Price Performance

Shares of NASDAQ EEMA traded up $0.42 during mid-day trading on Tuesday, reaching $72.04. 37,444 shares of the company’s stock were exchanged, compared to its average volume of 35,191. The firm has a market capitalization of $453.85 million, a price-to-earnings ratio of 13.33 and a beta of 0.69. The firm has a 50-day moving average price of $72.95 and a two-hundred day moving average price of $74.05. iShares MSCI Emerging Markets Asia ETF has a 52 week low of $62.52 and a 52 week high of $82.13.

iShares MSCI Emerging Markets Asia ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a dividend of $1.0001 per share. This is an increase from iShares MSCI Emerging Markets Asia ETF’s previous dividend of $0.31. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Investors Weigh In On iShares MSCI Emerging Markets Asia ETF

Hedge funds have recently modified their holdings of the stock. BNP Paribas Financial Markets purchased a new stake in shares of iShares MSCI Emerging Markets Asia ETF during the 3rd quarter valued at approximately $674,000. Flow Traders U.S. LLC bought a new position in iShares MSCI Emerging Markets Asia ETF in the 3rd quarter worth about $9,425,000. Kovitz Investment Group Partners LLC bought a new stake in shares of iShares MSCI Emerging Markets Asia ETF during the third quarter valued at about $209,000. Finally, JPMorgan Chase & Co. lifted its holdings in shares of iShares MSCI Emerging Markets Asia ETF by 41.4% in the third quarter. JPMorgan Chase & Co. now owns 2,960 shares of the company’s stock worth $232,000 after buying an additional 867 shares in the last quarter.

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.