iShares MSCI China ETF (NASDAQ:MCHI) Short Interest Down 34.1% in December

by · The Markets Daily

iShares MSCI China ETF (NASDAQ:MCHI – Get Free Report) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 2,260,000 shares, a decline of 34.1% from the December 15th total of 3,430,000 shares. Based on an average daily trading volume, of 3,964,800 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Investors Weigh In On iShares MSCI China ETF

Institutional investors have recently made changes to their positions in the company. Safe Harbor Fiduciary LLC acquired a new stake in iShares MSCI China ETF in the 3rd quarter worth about $27,000. Blue Trust Inc. raised its position in shares of iShares MSCI China ETF by 137.6% in the third quarter. Blue Trust Inc. now owns 3,272 shares of the company’s stock valued at $167,000 after buying an additional 1,895 shares in the last quarter. Creative Planning bought a new stake in shares of iShares MSCI China ETF in the third quarter valued at approximately $221,000. Tidal Investments LLC acquired a new stake in iShares MSCI China ETF during the third quarter worth approximately $223,000. Finally, DMC Group LLC bought a new position in iShares MSCI China ETF during the 3rd quarter worth $232,000.

iShares MSCI China ETF Trading Up 0.4 %

MCHI stock opened at $43.87 on Tuesday. The business’s 50 day simple moving average is $47.45 and its 200 day simple moving average is $45.79. iShares MSCI China ETF has a 1-year low of $35.58 and a 1-year high of $59.78. The firm has a market capitalization of $5.08 billion, a PE ratio of 10.76 and a beta of 0.49.

iShares MSCI China ETF Dividend Announcement

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

iShares MSCI China ETF Company Profile

(Get Free Report)

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.

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