iShares MSCI Qatar ETF (NASDAQ:QAT) Sees Significant Increase in Short Interest

iShares MSCI Qatar ETF (NASDAQ:QAT) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 12,900 shares, a growth of 760.0% from the March 15th total of 1,500 shares. Based on an average daily trading volume, of 23,100 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.3% of the shares of the company are short sold.

iShares MSCI Qatar ETF Trading Up 1.0 %

Shares of QAT stock opened at $17.79 on Tuesday. iShares MSCI Qatar ETF has a twelve month low of $16.29 and a twelve month high of $18.82. The stock has a 50 day moving average of $17.88 and a 200 day moving average of $18.03. The stock has a market cap of $78.28 million, a P/E ratio of 11.35 and a beta of 0.48.

Hedge Funds Weigh In On iShares MSCI Qatar ETF

Large investors have recently made changes to their positions in the company. Yousif Capital Management LLC increased its holdings in iShares MSCI Qatar ETF by 6.2% in the fourth quarter. Yousif Capital Management LLC now owns 68,159 shares of the company’s stock valued at $1,222,000 after buying an additional 4,000 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in iShares MSCI Qatar ETF by 5.1% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 148,949 shares of the company’s stock worth $2,671,000 after purchasing an additional 7,164 shares during the period. Wealthfront Advisers LLC purchased a new position in iShares MSCI Qatar ETF during the fourth quarter worth approximately $591,000. TD Waterhouse Canada Inc. grew its holdings in iShares MSCI Qatar ETF by 1.6% in the fourth quarter. TD Waterhouse Canada Inc. now owns 127,726 shares of the company’s stock valued at $2,285,000 after purchasing an additional 2,039 shares during the period. Finally, Comerica Bank increased its position in shares of iShares MSCI Qatar ETF by 6.2% in the fourth quarter. Comerica Bank now owns 68,159 shares of the company’s stock valued at $1,222,000 after buying an additional 4,000 shares in the last quarter.

iShares MSCI Qatar ETF Company Profile

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.