iShares MSCI Qatar ETF (NASDAQ:QAT) Short Interest Update

iShares MSCI Qatar ETF (NASDAQ:QAT) saw a significant increase in short interest in March. As of March 13th, there was short interest totaling 404,569 shares, an increase of 448.9% from the February 26th total of 73,707 shares. Based on an average daily trading volume, of 68,064 shares, the short-interest ratio is currently 5.9 days. Approximately 11.1% of the company’s stock are sold short. Approximately 11.1% of the company’s stock are sold short. Based on an average daily trading volume, of 68,064 shares, the short-interest ratio is currently 5.9 days.

Hedge Funds Weigh In On iShares MSCI Qatar ETF

Several institutional investors have recently added to or reduced their stakes in QAT. Mackenzie Financial Corp purchased a new stake in shares of iShares MSCI Qatar ETF during the 4th quarter worth $434,000. Jane Street Group LLC increased its holdings in iShares MSCI Qatar ETF by 54.3% in the fourth quarter. Jane Street Group LLC now owns 60,306 shares of the company’s stock valued at $1,135,000 after buying an additional 21,221 shares in the last quarter. Ensign Peak Advisors Inc purchased a new stake in shares of iShares MSCI Qatar ETF during the 4th quarter worth approximately $463,000. Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in shares of iShares MSCI Qatar ETF by 3.5% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 174,669 shares of the company’s stock worth $3,287,000 after acquiring an additional 5,913 shares during the period. Finally, TD Waterhouse Canada Inc. raised its holdings in iShares MSCI Qatar ETF by 9.1% during the fourth quarter. TD Waterhouse Canada Inc. now owns 190,989 shares of the company’s stock worth $3,583,000 after purchasing an additional 15,944 shares during the last quarter.

iShares MSCI Qatar ETF Price Performance

Shares of QAT traded down $0.47 during midday trading on Tuesday, reaching $18.21. 38,237 shares of the stock were exchanged, compared to its average volume of 25,927. iShares MSCI Qatar ETF has a twelve month low of $16.78 and a twelve month high of $20.64. The business’s 50-day moving average price is $19.47 and its 200 day moving average price is $19.30. The company has a market capitalization of $66.47 million, a price-to-earnings ratio of 11.93 and a beta of 0.43.

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.