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

Posted by Trevor Kearing on Dec 15th, 2024

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA – Get Free Report) was the target of a significant decline in short interest during the month of November. As of November 30th, there was short interest totalling 71,400 shares, a decline of 33.0% from the November 15th total of 106,600 shares. Based on an average daily trading volume, of 55,900 shares, the days-to-cover ratio is presently 1.3 days.

iShares MSCI Emerging Markets Asia ETF Trading Up 0.1 %

iShares MSCI Emerging Markets Asia ETF stock traded up $0.11 during mid-day trading on Friday, hitting $75.04. The company had a trading volume of 92,636 shares, compared to its average volume of 45,863. iShares MSCI Emerging Markets Asia ETF has a 12 month low of $61.02 and a 12 month high of $82.13. The company has a market capitalization of $472.75 million, a PE ratio of 13.33 and a beta of 0.69. The stock’s 50 day moving average price is $76.13 and its two-hundred day moving average price is $74.17.

Hedge Funds Weigh In On iShares MSCI Emerging Markets Asia ETF

A number of hedge funds have recently bought and sold shares of the company. Nicholas Hoffman & Company LLC. lifted its stake in shares of iShares MSCI Emerging Markets Asia ETF by 4.4% in the second quarter. Nicholas Hoffman & Company LLC. now owns 73,156 shares of the company’s stock worth $5,302,000 after buying an additional 3,053 shares in the last quarter. Cahill Financial Advisors Inc. purchased a new position in iShares MSCI Emerging Markets Asia ETF in the 2nd quarter worth approximately $204,000. BNP Paribas Financial Markets bought a new position in iShares MSCI Emerging Markets Asia ETF in the 3rd quarter valued at approximately $674,000. Flow Traders U.S. LLC purchased a new stake in iShares MSCI Emerging Markets Asia ETF during the 3rd quarter valued at $9,425,000. Finally, Kovitz Investment Group Partners LLC bought a new stake in shares of iShares MSCI Emerging Markets Asia ETF in the 3rd quarter worth $209,000.

iShares MSCI Emerging Markets Asia ETF Company Profile

(Get Free Report)

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.