iShares MSCI Qatar ETF (NASDAQ:QAT) Short Interest Update

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 trading volume, of 30,700 shares, the short-interest ratio is currently 7.8 days.

iShares MSCI Qatar ETF Price Performance

Shares of NASDAQ QAT traded down $0.02 during mid-day trading on Wednesday, hitting $18.01. The company had a trading volume of 36,826 shares, compared to its average volume of 25,592. The business’s 50-day simple moving average is $18.33 and its 200-day simple moving average is $17.59. iShares MSCI Qatar ETF has a 12 month low of $16.29 and a 12 month high of $18.82. The firm has a market cap of $63.04 million, a P/E ratio of 10.78 and a beta of 0.48.

Institutional Trading of iShares MSCI Qatar ETF

An institutional investor recently raised its position in iShares MSCI Qatar ETF stock. Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in iShares MSCI Qatar ETF (NASDAQ:QAT) by 1.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 132,398 shares of the company’s stock after acquiring an additional 1,732 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd owned 3.53% of iShares MSCI Qatar ETF worth $2,235,000 at the end of the most recent quarter.

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.