iShares MSCI Qatar ETF (NASDAQ:QAT) Short Interest Up 474.9% in November

iShares MSCI Qatar ETF (NASDAQ:QAT) saw a large increase in short interest in the month of 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 daily volume of 30,700 shares, the days-to-cover ratio is presently 7.8 days.

iShares MSCI Qatar ETF Trading Down 0.1 %

iShares MSCI Qatar ETF stock traded down $0.02 during trading on Thursday, reaching $18.02. The company had a trading volume of 36,826 shares, compared to its average volume of 25,592. iShares MSCI Qatar ETF has a 52 week low of $16.29 and a 52 week high of $18.82. The firm’s 50-day simple moving average is $18.32 and its 200 day simple moving average is $17.60. The firm has a market capitalization of $63.05 million, a price-to-earnings ratio of 10.78 and a beta of 0.48.

Hedge Funds Weigh In On iShares MSCI Qatar ETF

An institutional investor recently raised its position in iShares MSCI Qatar ETF stock. Jane Street Group LLC boosted its holdings in iShares MSCI Qatar ETF (NASDAQ:QAT) by 445.4% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 332,899 shares of the company’s stock after buying an additional 271,861 shares during the period. Jane Street Group LLC owned 7.32% of iShares MSCI Qatar ETF worth $5,872,000 as of its most recent SEC filing.

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.