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

iShares MSCI China ETF (NASDAQ:MCHI) was the recipient of a large decrease in short interest in March. As of March 31st, there was short interest totalling 1,810,000 shares, a decrease of 72.3% from the March 15th total of 6,540,000 shares. Currently, 1.6% of the company’s shares are short sold. Based on an average trading volume of 3,977,900 shares, the short-interest ratio is currently 0.5 days.

iShares MSCI China ETF Stock Performance

Shares of iShares MSCI China ETF stock traded down $1.01 during trading hours on Wednesday, reaching $49.16. 2,032,235 shares of the company were exchanged, compared to its average volume of 3,777,476. The stock’s fifty day moving average is $53.36 and its 200 day moving average is $50.22. iShares MSCI China ETF has a 1 year low of $38.83 and a 1 year high of $59.79. The firm has a market cap of $5.57 billion, a PE ratio of 11.66 and a beta of 0.49.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in MCHI. Jones Financial Companies Lllp grew its holdings in shares of iShares MSCI China ETF by 8,818.2% during the fourth quarter. Jones Financial Companies Lllp now owns 981 shares of the company’s stock worth $46,000 after buying an additional 970 shares during the last quarter. Avior Wealth Management LLC raised its stake in iShares MSCI China ETF by 114.2% during the 4th quarter. Avior Wealth Management LLC now owns 1,071 shares of the company’s stock valued at $50,000 after acquiring an additional 571 shares during the last quarter. Fourth Dimension Wealth LLC acquired a new stake in iShares MSCI China ETF during the 4th quarter worth approximately $67,000. Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of iShares MSCI China ETF in the 4th quarter valued at approximately $68,000. Finally, Private Trust Co. NA increased its holdings in shares of iShares MSCI China ETF by 44.3% in the fourth quarter. Private Trust Co. NA now owns 1,766 shares of the company’s stock valued at $83,000 after purchasing an additional 542 shares during the period.

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.