iShares MSCI China ETF (NASDAQ:MCHI) Short Interest Update

iShares MSCI China ETF (NASDAQ:MCHI) was the target of a significant drop in short interest in January. As of January 15th, there was short interest totalling 2,260,000 shares, a drop of 34.1% from the December 31st total of 3,430,000 shares. Based on an average trading volume of 3,964,800 shares, the short-interest ratio is presently 0.6 days.

iShares MSCI China ETF Price Performance

iShares MSCI China ETF stock opened at $48.40 on Wednesday. The firm’s 50 day simple moving average is $46.88 and its 200-day simple moving average is $46.03. The company has a market cap of $5.19 billion, a P/E ratio of 10.76 and a beta of 0.49. iShares MSCI China ETF has a fifty-two week low of $35.90 and a fifty-two week high of $59.78.

iShares MSCI China ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a dividend of $0.8911 per share. The ex-dividend date was Tuesday, December 17th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Safe Harbor Fiduciary LLC purchased a new position in iShares MSCI China ETF during the third quarter valued at approximately $27,000. Avior Wealth Management LLC grew its position in iShares MSCI China ETF by 114.2% during the fourth quarter. Avior Wealth Management LLC now owns 1,071 shares of the company’s stock valued at $50,000 after purchasing an additional 571 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. purchased a new position in iShares MSCI China ETF during the fourth quarter valued at approximately $68,000. Union Bancaire Privee UBP SA purchased a new position in iShares MSCI China ETF during the fourth quarter valued at approximately $127,000. Finally, Blue Trust Inc. grew its position in iShares MSCI China ETF by 137.6% during the third quarter. Blue Trust Inc. now owns 3,272 shares of the company’s stock valued at $167,000 after purchasing an additional 1,895 shares in the last quarter.

About iShares MSCI China ETF

iShares MSCI China ETF, formerly iShares MSCI China Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond to the price and yield performance, of the MSCI China Index (the Underlying Index). The Fund is designed to measure the performance of the top 85% of equity securities by market capitalization in the Chinese equity markets.