iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Sees Significant Decline in Short Interest

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

iShares MSCI Emerging Markets Asia ETF Trading Down 0.6 %

Shares of iShares MSCI Emerging Markets Asia ETF stock traded down $0.45 during trading on Monday, hitting $69.51. 79,217 shares of the stock traded hands, compared to its average volume of 40,074. The stock’s fifty day simple moving average is $73.63 and its 200 day simple moving average is $74.20. iShares MSCI Emerging Markets Asia ETF has a 52-week low of $61.02 and a 52-week high of $82.13. The firm has a market cap of $437.91 million, a P/E ratio of 13.33 and a beta of 0.69.

iShares MSCI Emerging Markets Asia ETF Increases Dividend

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

Hedge Funds Weigh In On iShares MSCI Emerging Markets Asia ETF

Large investors have recently bought and sold shares of the business. JPMorgan Chase & Co. increased its stake in iShares MSCI Emerging Markets Asia ETF by 41.4% during the third quarter. JPMorgan Chase & Co. now owns 2,960 shares of the company’s stock worth $232,000 after purchasing an additional 867 shares during the period. Kovitz Investment Group Partners LLC purchased a new position in shares of iShares MSCI Emerging Markets Asia ETF in the 3rd quarter valued at $209,000. BNP Paribas Financial Markets acquired a new stake in iShares MSCI Emerging Markets Asia ETF during the 3rd quarter worth $674,000. Finally, Flow Traders U.S. LLC purchased a new stake in iShares MSCI Emerging Markets Asia ETF in the third quarter valued at $9,425,000.

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.