iShares MSCI China Multisector Tech ETF (NASDAQ:TCHI) Short Interest Update

iShares MSCI China Multisector Tech ETF (NASDAQ:TCHIGet Free Report) saw a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 11,800 shares, a decrease of 36.9% from the February 13th total of 18,700 shares. Approximately 3.0% of the company’s shares are short sold. Based on an average daily volume of 19,900 shares, the short-interest ratio is presently 0.6 days.

Institutional Investors Weigh In On iShares MSCI China Multisector Tech ETF

An institutional investor recently bought a new position in iShares MSCI China Multisector Tech ETF stock. OLD Mission Capital LLC purchased a new stake in iShares MSCI China Multisector Tech ETF (NASDAQ:TCHIFree Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 18,743 shares of the company’s stock, valued at approximately $338,000. OLD Mission Capital LLC owned about 4.69% of iShares MSCI China Multisector Tech ETF at the end of the most recent reporting period.

iShares MSCI China Multisector Tech ETF Price Performance

Shares of NASDAQ TCHI traded up $0.57 during mid-day trading on Friday, hitting $21.68. The company had a trading volume of 36,008 shares, compared to its average volume of 9,293. iShares MSCI China Multisector Tech ETF has a 1-year low of $14.63 and a 1-year high of $22.58. The company has a market capitalization of $15.18 million, a PE ratio of 19.79 and a beta of 0.47. The business’s 50-day simple moving average is $19.61 and its 200 day simple moving average is $18.47.

iShares MSCI China Multisector Tech ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a $0.3793 dividend. The ex-dividend date was Tuesday, December 17th.

iShares MSCI China Multisector Tech ETF Company Profile

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The iShares MSCI China Multisector Tech ETF (TCHI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market cap-weighted index of large- and mid-cap Chinese equities in technology and technology-related industries. TCHI was launched on Jan 25, 2022 and is managed by BlackRock.

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