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

iShares MSCI Qatar ETF (NASDAQ:QAT) saw a large increase in short interest in November. As of November 15th, there was short interest totalling 240,300 shares, an increase of 474.9% from the October 31st total of 41,800 shares. Based on an average trading volume of 30,700 shares, the days-to-cover ratio is presently 7.8 days.

iShares MSCI Qatar ETF Trading Down 0.1 %

Shares of iShares MSCI Qatar ETF stock traded down $0.02 on Wednesday, reaching $18.01. 36,826 shares of the stock were exchanged, compared to its average volume of 25,592. The business has a fifty day moving average price of $18.33 and a two-hundred day moving average price of $17.59. iShares MSCI Qatar ETF has a 1-year low of $16.29 and a 1-year high of $18.82. The firm has a market capitalization of $63.04 million, a PE ratio of 10.78 and a beta of 0.48.

Institutional Inflows and Outflows

An institutional investor recently raised its position in iShares MSCI Qatar ETF stock. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in shares of iShares MSCI Qatar ETF (NASDAQ:QAT) by 7.1% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 141,785 shares of the company’s stock after acquiring an additional 9,387 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd owned approximately 4.05% of iShares MSCI Qatar ETF worth $2,629,000 at the end of the most recent reporting period.

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.