Short Interest in iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Decreases By 88.3%

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) saw a significant drop in short interest in 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 daily trading volume, of 40,800 shares, the short-interest ratio is presently 0.1 days.

iShares MSCI Emerging Markets Asia ETF Stock Up 0.1 %

Shares of NASDAQ:EEMA traded up $0.09 on Wednesday, reaching $72.13. The company had a trading volume of 38,266 shares, compared to its average volume of 35,359. The stock has a market capitalization of $454.42 million, a P/E ratio of 13.33 and a beta of 0.69. The stock has a 50-day moving average price of $72.90 and a 200 day moving average price of $74.02. iShares MSCI Emerging Markets Asia ETF has a twelve month low of $62.52 and a twelve month 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. Investors of record on Tuesday, December 17th were issued a $1.0001 dividend. This is a positive change from iShares MSCI Emerging Markets Asia ETF’s previous dividend of $0.31. The ex-dividend date was Tuesday, December 17th.

Institutional Investors Weigh In On iShares MSCI Emerging Markets Asia ETF

A number of large investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. lifted its stake 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 during the last quarter. Kovitz Investment Group Partners LLC acquired a new position in iShares MSCI Emerging Markets Asia ETF during the 3rd quarter worth $209,000. Flow Traders U.S. LLC bought a new stake in iShares MSCI Emerging Markets Asia ETF during the third quarter valued at about $9,425,000. Finally, BNP Paribas Financial Markets acquired a new stake in shares of iShares MSCI Emerging Markets Asia ETF in the third quarter valued at about $674,000.

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.