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

iShares MSCI Qatar ETF (NASDAQ:QAT) was the target of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 73,707 shares, a growth of 39.7% from the February 12th total of 52,761 shares. Approximately 2.0% of the company’s shares are sold short. Based on an average daily trading volume, of 16,075 shares, the short-interest ratio is presently 4.6 days. Based on an average daily trading volume, of 16,075 shares, the short-interest ratio is presently 4.6 days. Approximately 2.0% of the company’s shares are sold short.

Hedge Funds Weigh In On iShares MSCI Qatar ETF

Institutional investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. purchased a new position in iShares MSCI Qatar ETF during the second quarter worth about $33,000. Sumitomo Mitsui Trust Group Inc. grew its holdings in iShares MSCI Qatar ETF by 50.8% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 15,133 shares of the company’s stock valued at $285,000 after buying an additional 5,100 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in shares of iShares MSCI Qatar ETF by 3.5% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 174,669 shares of the company’s stock valued at $3,287,000 after acquiring an additional 5,913 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of iShares MSCI Qatar ETF by 58.8% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,636 shares of the company’s stock valued at $618,000 after acquiring an additional 11,710 shares during the last quarter. Finally, Flow Traders U.S. LLC lifted its holdings in shares of iShares MSCI Qatar ETF by 57.0% during the 3rd quarter. Flow Traders U.S. LLC now owns 32,360 shares of the company’s stock worth $632,000 after acquiring an additional 11,747 shares during the period.

iShares MSCI Qatar ETF Price Performance

QAT stock traded up $0.04 during midday trading on Friday, hitting $18.74. The stock had a trading volume of 135,199 shares, compared to its average volume of 19,741. The firm has a market cap of $68.40 million, a PE ratio of 11.93 and a beta of 0.43. iShares MSCI Qatar ETF has a 12-month low of $16.78 and a 12-month high of $20.64. The company’s 50-day moving average price is $19.59 and its 200 day moving average price is $19.36.

iShares MSCI Qatar ETF Announces Dividend

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 was Tuesday, December 16th. This represents a dividend yield of 242.0%.

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.