iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Sees Large Increase in Short Interest

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) was the recipient of a significant growth in short interest in 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 trading volume of 61,800 shares, the short-interest ratio is presently 0.3 days.

Institutional Trading of iShares MSCI Emerging Markets Asia ETF

Several large investors have recently made changes to their positions in EEMA. BNP Paribas Financial Markets bought a new stake in shares of iShares MSCI Emerging Markets Asia ETF during the third quarter worth $674,000. Flow Traders U.S. LLC bought a new stake in shares of iShares MSCI Emerging Markets Asia ETF during the third quarter worth $9,425,000. Kovitz Investment Group Partners LLC bought a new stake in shares of iShares MSCI Emerging Markets Asia ETF during the third quarter worth $209,000. JPMorgan Chase & Co. grew its holdings 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 purchasing an additional 867 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in iShares MSCI Emerging Markets Asia ETF by 2.6% in the fourth quarter. Bank of New York Mellon Corp now owns 84,746 shares of the company’s stock valued at $6,072,000 after acquiring an additional 2,181 shares during the last quarter.

iShares MSCI Emerging Markets Asia ETF Stock Performance

Shares of EEMA stock opened at $74.50 on Friday. The stock’s fifty day moving average is $72.96 and its 200-day moving average is $74.38. The stock has a market capitalization of $469.35 million, a PE ratio of 13.33 and a beta of 0.69. iShares MSCI Emerging Markets Asia ETF has a 52 week low of $65.64 and a 52 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 issued a dividend of $1.0001 per share. The ex-dividend date was Tuesday, December 17th. This is a boost from iShares MSCI Emerging Markets Asia ETF’s previous dividend of $0.31.

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.