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

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

Hedge Funds Weigh In On iShares MSCI Emerging Markets Asia ETF

A number of institutional investors have recently modified their holdings of EEMA. Kovitz Investment Group Partners LLC bought a new stake in iShares MSCI Emerging Markets Asia ETF during the 3rd quarter valued at $209,000. JPMorgan Chase & Co. increased its position in shares of 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 acquiring an additional 867 shares in the last quarter. BNP Paribas Financial Markets acquired a new stake in shares of iShares MSCI Emerging Markets Asia ETF in the 3rd quarter worth about $674,000. Finally, Flow Traders U.S. LLC bought a new position in iShares MSCI Emerging Markets Asia ETF in the 3rd quarter valued at about $9,425,000.

iShares MSCI Emerging Markets Asia ETF Price Performance

Shares of EEMA traded up $0.42 during trading hours on Tuesday, hitting $72.04. The stock had a trading volume of 37,444 shares, compared to its average volume of 35,191. iShares MSCI Emerging Markets Asia ETF has a 1-year low of $62.52 and a 1-year high of $82.13. The firm has a market capitalization of $453.85 million, a P/E ratio of 13.33 and a beta of 0.69. The firm has a 50 day simple moving average of $72.95 and a 200-day simple moving average of $74.05.

iShares MSCI Emerging Markets Asia ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued 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.

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.