iShares MSCI China Multisector Tech ETF (NASDAQ:TCHI) Short Interest Update

iShares MSCI China Multisector Tech ETF (NASDAQ:TCHI) saw a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 11,800 shares, a decrease of 36.9% from the February 13th total of 18,700 shares. Based on an average trading volume of 19,900 shares, the short-interest ratio is currently 0.6 days. Currently, 3.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On iShares MSCI China Multisector Tech ETF

An institutional investor recently bought a new position in iShares MSCI China Multisector Tech ETF stock. OLD Mission Capital LLC purchased a new stake in iShares MSCI China Multisector Tech ETF (NASDAQ:TCHI) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 18,743 shares of the company’s stock, valued at approximately $338,000. OLD Mission Capital LLC owned about 4.69% of iShares MSCI China Multisector Tech ETF as of its most recent SEC filing.

iShares MSCI China Multisector Tech ETF Price Performance

iShares MSCI China Multisector Tech ETF stock traded up $0.57 during midday trading on Friday, reaching $21.68. The company had a trading volume of 36,008 shares, compared to its average volume of 9,293. iShares MSCI China Multisector Tech ETF has a 12-month low of $14.63 and a 12-month high of $22.58. The company has a market capitalization of $15.18 million, a P/E ratio of 19.79 and a beta of 0.47. The firm’s fifty day simple moving average is $19.61 and its 200-day simple moving average is $18.47.

iShares MSCI China Multisector Tech ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.3793 per share. The ex-dividend date was Tuesday, December 17th.

iShares MSCI China Multisector Tech ETF Company Profile

The iShares MSCI China Multisector Tech ETF (TCHI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market cap-weighted index of large- and mid-cap Chinese equities in technology and technology-related industries. TCHI was launched on Jan 25, 2022 and is managed by BlackRock.