iShares MSCI Thailand ETF (NYSEARCA:THD) Short Interest Update

iShares MSCI Thailand ETF (NYSEARCA:THD) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 212,827 shares, an increase of 167.7% from the November 30th total of 79,510 shares. Approximately 6.0% of the shares of the company are sold short. Based on an average daily volume of 86,463 shares, the days-to-cover ratio is presently 2.5 days. Based on an average daily volume of 86,463 shares, the days-to-cover ratio is presently 2.5 days. Approximately 6.0% of the shares of the company are sold short.

iShares MSCI Thailand ETF Stock Performance

Shares of NYSEARCA:THD opened at $60.85 on Friday. The company has a 50-day simple moving average of $59.86 and a 200 day simple moving average of $57.73. iShares MSCI Thailand ETF has a 52-week low of $45.23 and a 52-week high of $62.16. The company has a market capitalization of $216.02 million, a P/E ratio of 13.16 and a beta of 0.61.

Institutional Investors Weigh In On iShares MSCI Thailand ETF

A number of hedge funds have recently added to or reduced their stakes in THD. Millburn Ridgefield LLC DE increased its stake in shares of iShares MSCI Thailand ETF by 9.8% in the 2nd quarter. Millburn Ridgefield LLC DE now owns 75,645 shares of the company’s stock valued at $3,818,000 after acquiring an additional 6,746 shares in the last quarter. Catalyst Capital Advisors LLC increased its stake in iShares MSCI Thailand ETF by 9.8% in the second quarter. Catalyst Capital Advisors LLC now owns 75,645 shares of the company’s stock valued at $3,818,000 after purchasing an additional 6,746 shares in the last quarter. Nan Fung Trinity HK Ltd. acquired a new position in shares of iShares MSCI Thailand ETF during the second quarter valued at about $11,174,000. Strs Ohio bought a new position in shares of iShares MSCI Thailand ETF during the 1st quarter worth about $316,000. Finally, Point72 Europe London LLP bought a new position in shares of iShares MSCI Thailand ETF during the 1st quarter worth about $4,375,000. 67.20% of the stock is currently owned by institutional investors.

iShares MSCI Thailand ETF Company Profile

The iShares MSCI Thailand ETF (THD) is an exchange-traded fund that is based on the MSCI Thailand IMI 25-50 index, a market-cap-weighted index of the Thai equity market. THD was launched on Mar 26, 2008 and is managed by BlackRock.