iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Short Interest Up 11.0% in November

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) saw a significant growth in short interest in November. As of November 15th, there was short interest totalling 106,600 shares, a growth of 11.0% from the October 31st total of 96,000 shares. Based on an average trading volume of 59,900 shares, the short-interest ratio is presently 1.8 days.

Hedge Funds Weigh In On iShares MSCI Emerging Markets Asia ETF

A number of hedge funds have recently bought and sold shares of EEMA. Flow Traders U.S. LLC purchased a new stake in shares of iShares MSCI Emerging Markets Asia ETF during the 3rd quarter valued at about $9,425,000. BNP Paribas Financial Markets purchased a new stake in iShares MSCI Emerging Markets Asia ETF in the third quarter worth approximately $674,000. Nicholas Hoffman & Company LLC. grew its position in iShares MSCI Emerging Markets Asia ETF by 4.4% in the 2nd quarter. Nicholas Hoffman & Company LLC. now owns 73,156 shares of the company’s stock worth $5,302,000 after purchasing an additional 3,053 shares during the period. Cahill Financial Advisors Inc. bought a new stake in iShares MSCI Emerging Markets Asia ETF in the 2nd quarter worth approximately $204,000. Finally, Kovitz Investment Group Partners LLC purchased a new stake in iShares MSCI Emerging Markets Asia ETF during the 3rd quarter valued at $209,000.

iShares MSCI Emerging Markets Asia ETF Trading Up 0.6 %

iShares MSCI Emerging Markets Asia ETF stock opened at $74.53 on Wednesday. iShares MSCI Emerging Markets Asia ETF has a 12 month low of $61.02 and a 12 month high of $82.13. The stock has a fifty day simple moving average of $76.83 and a two-hundred day simple moving average of $74.03. The firm has a market cap of $469.54 million, a price-to-earnings ratio of 13.33 and a beta of 0.69.

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.