Short Interest in iShares MSCI Qatar ETF (NASDAQ:QAT) Expands By 148.4%

iShares MSCI Qatar ETF (NASDAQ:QAT) saw a significant increase in short interest in September. As of September 15th, there was short interest totalling 7,700 shares, an increase of 148.4% from the August 31st total of 3,100 shares. Based on an average daily trading volume, of 22,200 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in iShares MSCI Qatar ETF stock. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in iShares MSCI Qatar ETF (NASDAQ:QAT) by 1.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 132,398 shares of the company’s stock after buying an additional 1,732 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd owned about 3.53% of iShares MSCI Qatar ETF worth $2,235,000 at the end of the most recent reporting period.

iShares MSCI Qatar ETF Stock Performance

Shares of iShares MSCI Qatar ETF stock traded up $0.02 on Friday, reaching $18.39. The stock had a trading volume of 7,012 shares, compared to its average volume of 22,452. The business’s 50-day moving average price is $17.63 and its two-hundred day moving average price is $17.35. The stock has a market cap of $68.96 million, a P/E ratio of 10.78 and a beta of 0.48. iShares MSCI Qatar ETF has a fifty-two week low of $15.66 and a fifty-two week high of $18.50.

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.