iShares MSCI China Multisector Tech ETF (NASDAQ:TCHI – Get Free Report) 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 – Free Report) 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
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.
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