iShares MSCI Qatar ETF (NASDAQ:QAT) Short Interest Down 83.5% in February

iShares MSCI Qatar ETF (NASDAQ:QAT) saw a large decrease in short interest in February. As of February 28th, there was short interest totalling 2,600 shares, a decrease of 83.5% from the February 13th total of 15,800 shares. Based on an average daily volume of 9,500 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.

iShares MSCI Qatar ETF Stock Performance

Shares of NASDAQ QAT opened at $18.08 on Thursday. The stock has a market capitalization of $65.09 million, a P/E ratio of 11.81 and a beta of 0.50. The stock’s fifty day moving average is $17.94 and its 200 day moving average is $18.07. iShares MSCI Qatar ETF has a 52 week low of $16.29 and a 52 week high of $18.82.

iShares MSCI Qatar ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a $0.2878 dividend. The ex-dividend date was Tuesday, December 17th.

Hedge Funds Weigh In On iShares MSCI Qatar ETF

Several hedge funds and other institutional investors have recently made changes to their positions in QAT. Bank of America Corp DE boosted its position in shares of iShares MSCI Qatar ETF by 1,294.5% during the 4th quarter. Bank of America Corp DE now owns 13,122 shares of the company’s stock worth $235,000 after acquiring an additional 12,181 shares in the last quarter. Jane Street Group LLC lifted its stake in iShares MSCI Qatar ETF by 111.8% during the fourth quarter. Jane Street Group LLC now owns 32,411 shares of the company’s stock worth $581,000 after purchasing an additional 17,110 shares during the last quarter. Wealthfront Advisers LLC acquired a new stake in shares of iShares MSCI Qatar ETF in the 4th quarter valued at $591,000. Nissay Asset Management Corp Japan ADV increased its stake in shares of iShares MSCI Qatar ETF by 1.8% in the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 51,416 shares of the company’s stock valued at $912,000 after purchasing an additional 900 shares during the last quarter. Finally, Yousif Capital Management LLC lifted its position in shares of iShares MSCI Qatar ETF by 6.2% during the 4th quarter. Yousif Capital Management LLC now owns 68,159 shares of the company’s stock worth $1,222,000 after buying an additional 4,000 shares during the last quarter.

iShares MSCI Qatar ETF Company Profile

The iShares MSCI Qatar ETF (QAT) is an exchange-traded fund that is based on the MSCI All Qatar Capped index, a market-cap-weighted index of large-, mid and small-cap Qatari companies. QAT was launched on Apr 29, 2014 and is managed by BlackRock.