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

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) was the target of a significant decline in short interest in January. As of January 31st, there was short interest totalling 100 shares, a decline of 66.7% from the January 15th total of 300 shares. Based on an average daily volume of 63,700 shares, the short-interest ratio is presently 0.0 days.

iShares MSCI Emerging Markets Asia ETF Trading Up 1.1 %

Shares of NASDAQ EEMA traded up $0.79 during trading hours on Wednesday, reaching $74.38. The stock had a trading volume of 21,383 shares, compared to its average volume of 86,302. The firm has a 50-day moving average of $72.73 and a 200-day moving average of $74.02. The firm has a market cap of $468.59 million, a price-to-earnings ratio of 13.33 and a beta of 0.69. iShares MSCI Emerging Markets Asia ETF has a fifty-two week low of $64.06 and a fifty-two week high of $82.13.

iShares MSCI Emerging Markets Asia ETF Increases Dividend

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

Institutional Trading of iShares MSCI Emerging Markets Asia ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. raised its holdings 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 valued at $232,000 after buying an additional 867 shares during the last quarter. Bank of New York Mellon Corp lifted its position in iShares MSCI Emerging Markets Asia ETF by 2.6% during 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 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 approximately $209,000. BNP Paribas Financial Markets acquired a new position in shares of iShares MSCI Emerging Markets Asia ETF in the third quarter valued at approximately $674,000. Finally, Flow Traders U.S. LLC acquired a new position in shares of iShares MSCI Emerging Markets Asia ETF in the third quarter valued at approximately $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.