iShares MSCI UAE ETF (NASDAQ:UAE – Get 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
About iShares MSCI UAE ETF
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.
Further Reading
- Five stocks we like better than iShares MSCI UAE ETF
- Manufacturing Stocks Investing
- Autodesk Designs Value for Investors: Uptrend Set to Continue
- ESG Stocks, What Investors Should Know
- Anheuser-Busch Stock Rallies—Is the King of Beers Back?
- Dividend Payout Ratio Calculator
- MarketBeat Week in Review – 02/24 – 02/28
Receive News & Ratings for iShares MSCI UAE ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI UAE ETF and related companies with MarketBeat.com's FREE daily email newsletter.