iShares MSCI China ETF (NASDAQ:MCHI) Short Interest Up 71.5% in February

iShares MSCI China ETF (NASDAQ:MCHI) saw a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 8,800,000 shares, a growth of 71.5% from the February 13th total of 5,130,000 shares. Based on an average trading volume of 3,407,300 shares, the days-to-cover ratio is currently 2.6 days. Approximately 8.2% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Bank Julius Baer & Co. Ltd Zurich lifted its holdings in iShares MSCI China ETF by 7.4% in the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 4,307 shares of the company’s stock valued at $223,000 after acquiring an additional 298 shares during the period. Global Retirement Partners LLC increased its position in shares of iShares MSCI China ETF by 13.7% in the fourth quarter. Global Retirement Partners LLC now owns 2,570 shares of the company’s stock valued at $120,000 after buying an additional 309 shares in the last quarter. Dimension Capital Management LLC increased its position in shares of iShares MSCI China ETF by 0.7% in the fourth quarter. Dimension Capital Management LLC now owns 52,372 shares of the company’s stock valued at $2,454,000 after buying an additional 375 shares in the last quarter. Cetera Investment Advisers increased its position in shares of iShares MSCI China ETF by 5.5% in the fourth quarter. Cetera Investment Advisers now owns 7,587 shares of the company’s stock valued at $356,000 after buying an additional 394 shares in the last quarter. Finally, DHK Financial Advisors Inc. increased its position in shares of iShares MSCI China ETF by 1.9% in the fourth quarter. DHK Financial Advisors Inc. now owns 22,931 shares of the company’s stock valued at $1,075,000 after buying an additional 425 shares in the last quarter.

iShares MSCI China ETF Trading Up 2.9 %

Shares of NASDAQ:MCHI opened at $57.37 on Friday. iShares MSCI China ETF has a 12-month low of $38.83 and a 12-month high of $59.78. The company has a market capitalization of $6.15 billion, a PE ratio of 13.52 and a beta of 0.49. The business has a 50 day moving average of $50.53 and a two-hundred day moving average of $48.57.

iShares MSCI China ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a $0.8911 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

About iShares MSCI China ETF

iShares MSCI China ETF, formerly iShares MSCI China Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond to the price and yield performance, of the MSCI China Index (the Underlying Index). The Fund is designed to measure the performance of the top 85% of equity securities by market capitalization in the Chinese equity markets.