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

iShares MSCI China ETF (NASDAQ:MCHI) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totalling 5,620,000 shares, a decrease of 28.8% from the August 15th total of 7,890,000 shares. Based on an average daily volume of 2,559,200 shares, the days-to-cover ratio is presently 2.2 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of MCHI. Financial Advocates Investment Management bought a new position in shares of iShares MSCI China ETF in the 4th quarter worth $98,000. Tiff Advisory Services LLC purchased a new stake in iShares MSCI China ETF during the fourth quarter valued at about $11,285,000. Trexquant Investment LP purchased a new position in shares of iShares MSCI China ETF in the 4th quarter worth about $200,000. City of London Investment Management Co. Ltd. boosted its holdings in shares of iShares MSCI China ETF by 164.6% in the 4th quarter. City of London Investment Management Co. Ltd. now owns 362,881 shares of the company’s stock worth $14,784,000 after purchasing an additional 225,763 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its position in shares of iShares MSCI China ETF by 396.4% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 167,203 shares of the company’s stock valued at $6,812,000 after purchasing an additional 133,519 shares during the last quarter.

iShares MSCI China ETF Stock Up 0.3 %

Shares of MCHI stock traded up $0.13 on Friday, reaching $40.90. The company’s stock had a trading volume of 1,735,932 shares, compared to its average volume of 3,423,180. The company has a market capitalization of $4.60 billion, a P/E ratio of 10.76 and a beta of 0.49. The stock’s 50 day simple moving average is $41.73 and its 200-day simple moving average is $42.03. iShares MSCI China ETF has a 12-month low of $35.58 and a 12-month high of $47.69.

iShares MSCI China ETF Company Profile

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.