iShares MSCI Qatar ETF (NASDAQ:QAT – Get Free Report) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 433,218 shares, a growth of 286.3% from the May 14th total of 112,156 shares. Based on an average trading volume of 34,298 shares, the short-interest ratio is presently 12.6 days. Currently, 8.8% of the company’s shares are sold short.
Institutional Trading of iShares MSCI Qatar ETF
A number of institutional investors have recently bought and sold shares of the business. Raymond James Financial Inc. acquired a new position in iShares MSCI Qatar ETF during the second quarter valued at approximately $33,000. Sumitomo Mitsui Trust Group Inc. increased its stake in iShares MSCI Qatar ETF by 50.8% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 15,133 shares of the company’s stock valued at $285,000 after purchasing an additional 5,100 shares in the last quarter. Victory Capital Management Inc. acquired a new stake in iShares MSCI Qatar ETF in the third quarter worth $405,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in iShares MSCI Qatar ETF in the first quarter worth $391,000. Finally, Mackenzie Financial Corp bought a new position in shares of iShares MSCI Qatar ETF during the fourth quarter worth $434,000.
iShares MSCI Qatar ETF Stock Performance
QAT traded up $0.02 during trading on Thursday, reaching $18.54. 2,945 shares of the company’s stock were exchanged, compared to its average volume of 44,536. The company’s fifty day moving average price is $18.91 and its 200-day moving average price is $19.11. iShares MSCI Qatar ETF has a fifty-two week low of $17.71 and a fifty-two week high of $20.64. The firm has a market capitalization of $91.77 million, a PE ratio of 11.93 and a beta of 0.38.
About iShares MSCI Qatar ETF
The iShares MSCI Qatar ETF (QAT) is an exchange-traded fund that is based on the MSCI All Qatar Capped index, a market-cap-weighted index of large-, mid and small-cap Qatari companies. QAT was launched on Apr 29, 2014 and is managed by BlackRock.
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