Short Interest in iShares China Large-Cap ETF (NYSEARCA:FXI) Decreases By 28.3%

iShares China Large-Cap ETF (NYSEARCA:FXI) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totaling 36,975,995 shares, a decrease of 28.3% from the December 15th total of 51,592,484 shares. Based on an average daily volume of 23,986,739 shares, the days-to-cover ratio is presently 1.5 days. Currently, 22.2% of the shares of the stock are sold short. Currently, 22.2% of the shares of the stock are sold short. Based on an average daily volume of 23,986,739 shares, the days-to-cover ratio is presently 1.5 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of FXI. Rafferty Asset Management LLC raised its stake in iShares China Large-Cap ETF by 3.0% in the third quarter. Rafferty Asset Management LLC now owns 13,320,497 shares of the exchange traded fund’s stock valued at $548,005,000 after purchasing an additional 386,498 shares in the last quarter. Spear Holdings RSC Ltd raised its position in shares of iShares China Large-Cap ETF by 25.7% during the 3rd quarter. Spear Holdings RSC Ltd now owns 6,461,482 shares of the exchange traded fund’s stock valued at $265,825,000 after buying an additional 1,320,667 shares in the last quarter. Qube Research & Technologies Ltd lifted its holdings in shares of iShares China Large-Cap ETF by 57.1% during the 2nd quarter. Qube Research & Technologies Ltd now owns 5,674,694 shares of the exchange traded fund’s stock worth $208,602,000 after acquiring an additional 2,063,028 shares during the last quarter. Natixis grew its position in iShares China Large-Cap ETF by 63.3% in the second quarter. Natixis now owns 4,976,144 shares of the exchange traded fund’s stock worth $182,923,000 after acquiring an additional 1,928,592 shares in the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd increased its stake in iShares China Large-Cap ETF by 48.7% in the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 4,430,000 shares of the exchange traded fund’s stock valued at $182,250,000 after acquiring an additional 1,450,000 shares during the last quarter.

iShares China Large-Cap ETF Trading Down 1.8%

Shares of iShares China Large-Cap ETF stock traded down $0.70 during trading on Friday, hitting $39.30. The stock had a trading volume of 50,116,165 shares, compared to its average volume of 37,954,727. The firm has a market cap of $6.56 billion, a price-to-earnings ratio of 10.78 and a beta of 0.28. iShares China Large-Cap ETF has a 12 month low of $28.41 and a 12 month high of $42.00. The business’s 50-day moving average is $39.31 and its 200 day moving average is $39.20.

About iShares China Large-Cap ETF

iShares China Large-Cap ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE China 25 Index (the Underlying Index). The Fund’s portfolio of sectors include Financials, Telecommunication, Oil & gas, Technology and Consumer goods. The underlying Index is designed to represent the performance of the companies in the Chinese equity market, which are available to the international investors.