iShares MSCI China ETF (NASDAQ:MCHI) Short Interest Up 41.7% in February

iShares MSCI China ETF (NASDAQ:MCHI) saw a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 5,130,000 shares, a growth of 41.7% from the January 31st total of 3,620,000 shares. Based on an average trading volume of 3,212,800 shares, the short-interest ratio is presently 1.6 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in MCHI. Demars Financial Group LLC acquired a new stake in shares of iShares MSCI China ETF during the fourth quarter worth approximately $151,283,000. Alberta Investment Management Corp raised its holdings in iShares MSCI China ETF by 66.6% in the 4th quarter. Alberta Investment Management Corp now owns 2,979,356 shares of the company’s stock valued at $139,613,000 after acquiring an additional 1,191,466 shares during the period. OLD Mission Capital LLC increased its holdings in shares of iShares MSCI China ETF by 228.1% during the fourth quarter. OLD Mission Capital LLC now owns 1,969,541 shares of the company’s stock worth $92,293,000 after purchasing an additional 1,369,309 shares during the period. LPL Financial LLC boosted its position in iShares MSCI China ETF by 14.7% in the fourth quarter. LPL Financial LLC now owns 1,401,303 shares of the company’s stock valued at $65,665,000 after buying an additional 179,251 shares in the last quarter. Finally, Elo Mutual Pension Insurance Co lifted its holdings in shares of iShares MSCI China ETF by 43.3% during the fourth quarter. Elo Mutual Pension Insurance Co now owns 1,302,890 shares of the company’s stock worth $61,053,000 after purchasing an additional 393,630 shares during the period.

iShares MSCI China ETF Stock Performance

Shares of MCHI traded up $2.34 during trading hours on Wednesday, reaching $55.94. 1,517,131 shares of the company traded hands, compared to its average volume of 3,586,964. The stock’s fifty day moving average is $49.08 and its 200 day moving average is $47.88. The stock has a market cap of $6.00 billion, a P/E ratio of 13.24 and a beta of 0.49. iShares MSCI China ETF has a 1-year low of $38.57 and a 1-year high of $59.78.

iShares MSCI China ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a dividend of $0.8911 per share. The ex-dividend date was Tuesday, December 17th.

iShares MSCI China ETF Company Profile

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.