iShares MSCI Qatar ETF (NASDAQ:QAT) Sees Significant Decrease in Short Interest

iShares MSCI Qatar ETF (NASDAQ:QAT) was the recipient of a large decline in short interest in January. As of January 15th, there was short interest totaling 10,216 shares, a decline of 29.9% from the December 31st total of 14,570 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 6,977 shares, the short-interest ratio is currently 1.5 days. Based on an average daily volume of 6,977 shares, the short-interest ratio is currently 1.5 days. Currently, 0.3% of the shares of the stock are short sold.

iShares MSCI Qatar ETF Stock Up 1.3%

NASDAQ:QAT traded up $0.26 during trading hours on Monday, hitting $19.97. 13,489 shares of the company’s stock traded hands, compared to its average volume of 12,114. iShares MSCI Qatar ETF has a 52 week low of $16.78 and a 52 week high of $20.64. The business’s fifty day simple moving average is $19.19 and its two-hundred day simple moving average is $19.42. The firm has a market cap of $72.89 million, a P/E ratio of 11.93 and a beta of 0.43.

iShares MSCI Qatar ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Monday, December 22nd. Stockholders of record on Tuesday, December 16th were issued a dividend of $0.2267 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a dividend yield of 242.0%.

Institutional Investors Weigh In On iShares MSCI Qatar ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Raymond James Financial Inc. bought a new stake in iShares MSCI Qatar ETF during the second quarter valued at approximately $33,000. Sumitomo Mitsui Trust Group Inc. purchased a new position in iShares MSCI Qatar ETF in the third quarter worth $196,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in iShares MSCI Qatar ETF in the first quarter valued at $391,000. Victory Capital Management Inc. purchased a new stake in iShares MSCI Qatar ETF during the third quarter valued at about $405,000. Finally, Flow Traders U.S. LLC raised its position in iShares MSCI Qatar ETF by 57.0% during the third quarter. Flow Traders U.S. LLC now owns 32,360 shares of the company’s stock valued at $632,000 after purchasing an additional 11,747 shares in the last quarter.

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.