iShares MSCI China A ETF (BATS:CNYA) Short Interest Update

iShares MSCI China A ETF (BATS:CNYA) saw a significant decrease in short interest in August. As of August 31st, there was short interest totaling 273,723 shares, a decrease of 35.7% from the August 15th total of 425,399 shares. Based on an average daily volume of 36,828 shares, the days-to-cover ratio is presently 7.4 days. Approximately 3.8% of the company’s shares are short sold.

iShares MSCI China A ETF Stock Up 0.6%

CNYA opened at $34.82 on Friday. iShares MSCI China A ETF has a 52 week low of $32.80 and a 52 week high of $38.77. The stock’s fifty day moving average is $35.58 and its two-hundred day moving average is $36.06. The company has a market capitalization of $248.96 million, a P/E ratio of 14.20 and a beta of 0.33.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Fifth Third Bancorp purchased a new stake in shares of iShares MSCI China A ETF in the 1st quarter valued at $27,000. Royal Bank of Canada raised its holdings in shares of iShares MSCI China A ETF by 2.0% during the first quarter. Royal Bank of Canada now owns 71,156 shares of the company’s stock worth $2,433,000 after purchasing an additional 1,418 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new position in iShares MSCI China A ETF during the second quarter valued at $178,000. Bank of New York Mellon Corp lifted its position in iShares MSCI China A ETF by 14.1% during the first quarter. Bank of New York Mellon Corp now owns 80,493 shares of the company’s stock valued at $2,751,000 after purchasing an additional 9,966 shares during the period. Finally, Hsbc Holdings PLC purchased a new stake in iShares MSCI China A ETF in the fourth quarter valued at $650,000.

iShares MSCI China A ETF Company Profile

The iShares MSCI China A ETF (CNYA) is an exchange-traded fund that is based on the MSCI China A Inclusion index, a market-cap-weighted index of Chinese A-share equities. CNYA was launched on Jun 13, 2016 and is managed by BlackRock.