iShares MSCI Turkey ETF (NASDAQ:TUR) Short Interest Update

iShares MSCI Turkey ETF (NASDAQ:TUR) was the recipient of a large decrease in short interest in July. As of July 31st, there was short interest totaling 393,035 shares, a decrease of 37.8% from the July 15th total of 632,086 shares. Based on an average trading volume of 88,929 shares, the short-interest ratio is presently 4.4 days. Approximately 7.1% of the company’s stock are sold short.

iShares MSCI Turkey ETF Trading Down 0.1%

TUR traded down $0.02 during trading on Tuesday, reaching $39.41. The stock had a trading volume of 8,214 shares, compared to its average volume of 300,785. The stock’s 50 day moving average is $39.15 and its two-hundred day moving average is $40.02. The company has a market capitalization of $216.75 million, a price-to-earnings ratio of 10.68 and a beta of 0.33. iShares MSCI Turkey ETF has a one year low of $31.72 and a one year high of $43.98.

iShares MSCI Turkey ETF Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a $0.4792 dividend. The ex-dividend date of this dividend was Monday, June 15th.

Institutional Trading of iShares MSCI Turkey ETF

Institutional investors and hedge funds have recently modified their holdings of the business. UBS Group AG raised its stake in shares of iShares MSCI Turkey ETF by 121.7% in the third quarter. UBS Group AG now owns 238,200 shares of the exchange traded fund’s stock worth $8,154,000 after purchasing an additional 130,746 shares during the last quarter. Group One Trading LLC boosted its position in shares of iShares MSCI Turkey ETF by 256,404.0% during the fourth quarter. Group One Trading LLC now owns 64,126 shares of the exchange traded fund’s stock valued at $2,207,000 after buying an additional 64,101 shares during the last quarter. Quadrature Capital Ltd purchased a new stake in shares of iShares MSCI Turkey ETF during the fourth quarter valued at $1,653,000. SG Americas Securities LLC bought a new stake in iShares MSCI Turkey ETF in the 1st quarter worth about $1,546,000. Finally, Simplex Trading LLC bought a new stake in iShares MSCI Turkey ETF in the 4th quarter worth about $1,314,000. Institutional investors own 44.58% of the company’s stock.

About iShares MSCI Turkey ETF

iShares MSCI Turkey ETF (the Fund), formerly The iShares MSCI Turkey Investable Market Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI Turkey Investable Market Index (the Underlying Index). The Underlying Index is a free float-adjusted market capitalization index designed to measure equity market performance in Turkey. As of September 7, 2012, the Fund invests in sectors, such as financials, consumer staples, industrials, telecommunication services, materials, consumer discretionary, energy, healthcare, utilities and information technology.