Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) Sees Significant Drop in Short Interest

Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) was the target of a significant decline in short interest in July. As of July 31st, there was short interest totaling 9,761,153 shares, a decline of 36.3% from the July 15th total of 15,314,891 shares. Based on an average daily volume of 3,942,367 shares, the short-interest ratio is presently 2.5 days. Approximately 21.4% of the company’s stock are short sold.

Xtrackers Harvest CSI 300 China A-Shares ETF Trading Down 1.8%

Shares of ASHR stock opened at $34.27 on Thursday. The company has a market capitalization of $1.56 billion, a PE ratio of 13.62 and a beta of 0.33. The firm has a fifty day simple moving average of $35.16 and a 200-day simple moving average of $34.55. Xtrackers Harvest CSI 300 China A-Shares ETF has a twelve month low of $30.10 and a twelve month high of $37.33.

Hedge Funds Weigh In On Xtrackers Harvest CSI 300 China A-Shares ETF

A number of institutional investors have recently added to or reduced their stakes in ASHR. Mondrian Investment Partners LTD grew its stake in shares of Xtrackers Harvest CSI 300 China A-Shares ETF by 29.6% during the fourth quarter. Mondrian Investment Partners LTD now owns 12,383 shares of the exchange traded fund’s stock valued at $407,000 after acquiring an additional 2,825 shares in the last quarter. Barometer Capital Management Inc. acquired a new position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF in the first quarter worth about $454,000. Quantitative Investment Management LLC purchased a new position in Xtrackers Harvest CSI 300 China A-Shares ETF in the fourth quarter valued at about $612,000. Farther Finance Advisors LLC boosted its holdings in Xtrackers Harvest CSI 300 China A-Shares ETF by 4,802.9% in the fourth quarter. Farther Finance Advisors LLC now owns 28,486 shares of the exchange traded fund’s stock valued at $936,000 after purchasing an additional 27,905 shares during the last quarter. Finally, ANTIPODES PARTNERS Ltd grew its stake in Xtrackers Harvest CSI 300 China A-Shares ETF by 367.5% during the 4th quarter. ANTIPODES PARTNERS Ltd now owns 56,694 shares of the exchange traded fund’s stock valued at $1,863,000 after purchasing an additional 44,566 shares in the last quarter.

Xtrackers Harvest CSI 300 China A-Shares ETF Company Profile

The Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR) is an exchange-traded fund that is based on the China Shenzhen SE \u002F CSI 300 index. The fund tracks an index of the 300 largest and most liquid Chinese shares traded on the Shanghai and Shenzhen exchanges. The fund holds physical China A-shares. ASHR was launched on Nov 6, 2013 and is managed by Xtrackers.