iShares MSCI China ETF (NASDAQ:MCHI) was the recipient of a large decrease in short interest in the month of September. As of September 28th, there was short interest totalling 3,173,250 shares, a decrease of 30.2% from the September 14th total of 4,547,245 shares. Based on an average daily volume of 4,311,409 shares, the short-interest ratio is presently 0.7 days.
Shares of NASDAQ MCHI opened at $55.07 on Friday. iShares MSCI China ETF has a 1-year low of $52.37 and a 1-year high of $76.72.
Large investors have recently modified their holdings of the business. SG Americas Securities LLC bought a new stake in iShares MSCI China ETF during the 2nd quarter worth about $152,000. CIBC World Markets Inc. bought a new stake in iShares MSCI China ETF during the 2nd quarter worth about $229,000. Baird Financial Group Inc. bought a new stake in iShares MSCI China ETF during the 1st quarter worth about $314,000. Commonwealth Equity Services LLC lifted its position in iShares MSCI China ETF by 20.7% during the 2nd quarter. Commonwealth Equity Services LLC now owns 5,070 shares of the company’s stock worth $328,000 after buying an additional 870 shares in the last quarter. Finally, Russell Investments Group Ltd. lifted its position in iShares MSCI China ETF by 113.5% during the 1st quarter. Russell Investments Group Ltd. now owns 5,619 shares of the company’s stock worth $385,000 after buying an additional 2,987 shares in 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.
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