iShares MSCI UAE ETF (NASDAQ:UAE) Short Interest Update

iShares MSCI UAE ETF (NASDAQ:UAEGet Free Report) saw a large increase in short interest in February. As of February 15th, there was short interest totalling 559,200 shares, an increase of 240.6% from the January 31st total of 164,200 shares. Based on an average daily volume of 124,900 shares, the days-to-cover ratio is currently 4.5 days.

Institutional Trading of iShares MSCI UAE ETF

Large investors have recently bought and sold shares of the business. Bank of Montreal Can acquired a new stake in iShares MSCI UAE ETF in the fourth quarter valued at about $244,000. Marshall Wace LLP acquired a new stake in iShares MSCI UAE ETF in the fourth quarter valued at about $259,000. Sunbelt Securities Inc. acquired a new stake in iShares MSCI UAE ETF in the fourth quarter valued at about $367,000. Zacks Investment Management acquired a new stake in iShares MSCI UAE ETF in the fourth quarter valued at about $452,000. Finally, Citadel Advisors LLC acquired a new stake in iShares MSCI UAE ETF in the fourth quarter valued at about $700,000.

iShares MSCI UAE ETF Stock Up 0.2 %

Shares of UAE traded up $0.03 during trading hours on Friday, hitting $17.45. 392,551 shares of the company were exchanged, compared to its average volume of 142,194. The company has a market cap of $79.40 million, a price-to-earnings ratio of 10.76 and a beta of 0.64. iShares MSCI UAE ETF has a fifty-two week low of $13.24 and a fifty-two week high of $17.69. The firm’s fifty day moving average is $17.02 and its 200 day moving average is $15.82.

iShares MSCI UAE ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $0.0188 dividend. The ex-dividend date was Tuesday, December 17th.

About iShares MSCI UAE ETF

(Get Free Report)

The iShares MSCI UAE ETF (UAE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of large-, mid and small-cap UAE companies. UAE was launched on Apr 29, 2014 and is managed by BlackRock.

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