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

iShares MSCI Thailand ETF (NYSEARCA:THD) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 127,190 shares, a growth of 63.5% from the June 30th total of 77,802 shares. Currently, 2.5% of the shares of the company are short sold. Based on an average daily trading volume, of 43,085 shares, the short-interest ratio is presently 3.0 days.

iShares MSCI Thailand ETF Stock Up 1.2%

Shares of THD traded up $0.90 during midday trading on Friday, reaching $73.04. 37,844 shares of the stock were exchanged, compared to its average volume of 117,427. The stock’s 50 day simple moving average is $72.39 and its 200 day simple moving average is $69.68. The company has a market cap of $368.85 million, a P/E ratio of 13.16 and a beta of 0.44. iShares MSCI Thailand ETF has a twelve month low of $55.99 and a twelve month high of $75.06.

Institutional Trading of iShares MSCI Thailand ETF

Several hedge funds and other institutional investors have recently bought and sold shares of THD. Sun Life Financial Inc. boosted its holdings in iShares MSCI Thailand ETF by 0.6% in the 4th quarter. Sun Life Financial Inc. now owns 217,775 shares of the company’s stock valued at $12,995,000 after purchasing an additional 1,246 shares during the period. Ameriprise Financial Inc. bought a new position in shares of iShares MSCI Thailand ETF during the second quarter worth approximately $6,136,000. Millburn Ridgefield LLC DE raised its position in shares of iShares MSCI Thailand ETF by 6.2% in the first quarter. Millburn Ridgefield LLC DE now owns 74,927 shares of the company’s stock valued at $5,198,000 after buying an additional 4,405 shares in the last quarter. Catalyst Capital Advisors LLC raised its position in shares of iShares MSCI Thailand ETF by 6.2% in the first quarter. Catalyst Capital Advisors LLC now owns 74,927 shares of the company’s stock valued at $5,198,000 after buying an additional 4,405 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of iShares MSCI Thailand ETF by 8.5% in the first quarter. Bank of New York Mellon Corp now owns 40,807 shares of the company’s stock valued at $2,831,000 after buying an additional 3,214 shares during the period. Institutional investors and hedge funds own 67.20% of the company’s stock.

About iShares MSCI Thailand ETF

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.