iShares MSCI China Multisector Tech ETF (NASDAQ:TCHI) Short Interest Down 30.3% in October

iShares MSCI China Multisector Tech ETF (NASDAQ:TCHI) was the recipient of a significant decrease in short interest in October. As of October 31st, there was short interest totalling 11,500 shares, a decrease of 30.3% from the October 15th total of 16,500 shares. Based on an average trading volume of 9,400 shares, the days-to-cover ratio is presently 1.2 days.

iShares MSCI China Multisector Tech ETF Trading Down 0.4 %

Shares of iShares MSCI China Multisector Tech ETF stock traded down $0.07 during trading on Friday, reaching $18.10. The company’s stock had a trading volume of 1,069 shares, compared to its average volume of 5,694. The stock has a 50-day moving average price of $18.09 and a two-hundred day moving average price of $16.97. The stock has a market capitalization of $7.24 million, a P/E ratio of 14.42 and a beta of 0.33. iShares MSCI China Multisector Tech ETF has a one year low of $14.00 and a one year high of $22.58.

About iShares MSCI China Multisector Tech ETF

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.