Short Interest in iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Expands By 19,600.0%

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) was the recipient of a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 19,700 shares, a growth of 19,600.0% from the January 31st total of 100 shares. Based on an average daily volume of 61,800 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On iShares MSCI Emerging Markets Asia ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Kovitz Investment Group Partners LLC purchased a new stake in shares of iShares MSCI Emerging Markets Asia ETF during the 3rd quarter valued at about $209,000. JPMorgan Chase & Co. increased its holdings in iShares MSCI Emerging Markets Asia ETF by 41.4% in the 3rd 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 purchased a new stake in iShares MSCI Emerging Markets Asia ETF in the 3rd quarter worth approximately $674,000. Bank of New York Mellon Corp increased its holdings in iShares MSCI Emerging Markets Asia ETF by 2.6% in the 4th quarter. Bank of New York Mellon Corp now owns 84,746 shares of the company’s stock worth $6,072,000 after acquiring an additional 2,181 shares in the last quarter. Finally, Flow Traders U.S. LLC purchased a new stake in iShares MSCI Emerging Markets Asia ETF in the 3rd quarter worth approximately $9,425,000.

iShares MSCI Emerging Markets Asia ETF Stock Down 1.8 %

NASDAQ EEMA opened at $73.18 on Friday. iShares MSCI Emerging Markets Asia ETF has a 52 week low of $65.67 and a 52 week high of $82.13. The firm has a market capitalization of $461.03 million, a P/E ratio of 13.33 and a beta of 0.69. The company has a 50-day moving average price of $72.98 and a 200-day moving average price of $74.39.

iShares MSCI Emerging Markets Asia ETF Increases Dividend

The firm also recently declared 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. The ex-dividend date of this dividend was Tuesday, December 17th. This is a positive change from iShares MSCI Emerging Markets Asia ETF’s previous dividend of $0.31.

About iShares MSCI Emerging Markets Asia ETF

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.