iShares MSCI China ETF (NASDAQ:MCHI) Short Interest Up 71.5% in February

iShares MSCI China ETF (NASDAQ:MCHI) was the recipient of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 8,800,000 shares, an increase of 71.5% from the February 13th total of 5,130,000 shares. Based on an average trading volume of 3,407,300 shares, the short-interest ratio is currently 2.6 days. Currently, 8.2% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Bank Julius Baer & Co. Ltd Zurich lifted its position in iShares MSCI China ETF by 7.4% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 4,307 shares of the company’s stock worth $223,000 after acquiring an additional 298 shares during the last quarter. Global Retirement Partners LLC raised its position in shares of iShares MSCI China ETF by 13.7% during the fourth quarter. Global Retirement Partners LLC now owns 2,570 shares of the company’s stock valued at $120,000 after buying an additional 309 shares during the last quarter. Dimension Capital Management LLC raised its position in shares of iShares MSCI China ETF by 0.7% during the fourth quarter. Dimension Capital Management LLC now owns 52,372 shares of the company’s stock valued at $2,454,000 after buying an additional 375 shares during the last quarter. Cetera Investment Advisers raised its position in shares of iShares MSCI China ETF by 5.5% during the fourth quarter. Cetera Investment Advisers now owns 7,587 shares of the company’s stock valued at $356,000 after buying an additional 394 shares during the last quarter. Finally, DHK Financial Advisors Inc. raised its position in shares of iShares MSCI China ETF by 1.9% during the fourth quarter. DHK Financial Advisors Inc. now owns 22,931 shares of the company’s stock valued at $1,075,000 after buying an additional 425 shares during the last quarter.

iShares MSCI China ETF Price Performance

iShares MSCI China ETF stock opened at $57.37 on Monday. The firm has a market cap of $6.15 billion, a price-to-earnings ratio of 13.52 and a beta of 0.49. iShares MSCI China ETF has a fifty-two week low of $38.83 and a fifty-two week high of $59.78. The firm has a fifty day moving average price of $50.53 and a two-hundred day moving average price of $48.67.

About iShares MSCI China ETF

iShares MSCI China ETF, formerly iShares MSCI China Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond to the price and yield performance, of the MSCI China Index (the Underlying Index). The Fund is designed to measure the performance of the top 85% of equity securities by market capitalization in the Chinese equity markets.