iShares MSCI China ETF (NASDAQ:MCHI) Sees Significant Increase in Short Interest

iShares MSCI China ETF (NASDAQ:MCHI) saw a significant growth in short interest in February. As of February 15th, there was short interest totalling 5,130,000 shares, a growth of 41.7% from the January 31st total of 3,620,000 shares. Based on an average trading volume of 3,212,800 shares, the short-interest ratio is presently 1.6 days.

iShares MSCI China ETF Stock Down 1.4 %

MCHI stock traded down $0.77 during trading hours on Monday, hitting $52.81. The company’s stock had a trading volume of 2,051,959 shares, compared to its average volume of 3,649,654. The company has a market capitalization of $5.66 billion, a PE ratio of 13.24 and a beta of 0.49. iShares MSCI China ETF has a 12 month low of $38.40 and a 12 month high of $59.78. The stock has a 50 day moving average price of $48.96 and a two-hundred day moving average price of $47.80.

iShares MSCI China ETF Dividend Announcement

The company also recently disclosed 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 was Tuesday, December 17th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Demars Financial Group LLC acquired a new position in iShares MSCI China ETF in the 4th quarter valued at $151,283,000. Alberta Investment Management Corp grew its stake in iShares MSCI China ETF by 66.6% in the 4th quarter. Alberta Investment Management Corp now owns 2,979,356 shares of the company’s stock valued at $139,613,000 after buying an additional 1,191,466 shares during the last quarter. OLD Mission Capital LLC grew its stake in iShares MSCI China ETF by 228.1% in the 4th quarter. OLD Mission Capital LLC now owns 1,969,541 shares of the company’s stock valued at $92,293,000 after buying an additional 1,369,309 shares during the last quarter. LPL Financial LLC grew its stake in iShares MSCI China ETF by 14.7% in the 4th quarter. LPL Financial LLC now owns 1,401,303 shares of the company’s stock valued at $65,665,000 after buying an additional 179,251 shares during the last quarter. Finally, Elo Mutual Pension Insurance Co grew its stake in iShares MSCI China ETF by 43.3% in the 4th quarter. Elo Mutual Pension Insurance Co now owns 1,302,890 shares of the company’s stock valued at $61,053,000 after buying an additional 393,630 shares during 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.