Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) Short Interest Down 43.8% in May

Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) was the recipient of a large decrease in short interest during the month of May. As of May 31st, there was short interest totalling 18,430,000 shares, a decrease of 43.8% from the May 15th total of 32,770,000 shares. Approximately 24.3% of the shares of the stock are short sold. Based on an average daily volume of 10,234,500 shares, the days-to-cover ratio is presently 1.8 days.

Xtrackers Harvest CSI 300 China A-Shares ETF Price Performance

ASHR traded down $0.03 on Tuesday, reaching $26.85. 1,145,969 shares of the company’s stock were exchanged, compared to its average volume of 9,150,398. The stock has a market cap of $2.04 billion, a PE ratio of 13.92 and a beta of 0.31. Xtrackers Harvest CSI 300 China A-Shares ETF has a twelve month low of $22.44 and a twelve month high of $35.72. The stock’s fifty day moving average price is $26.35 and its 200-day moving average price is $26.47.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Strs Ohio purchased a new stake in shares of Xtrackers Harvest CSI 300 China A-Shares ETF in the 1st quarter valued at approximately $8,997,000. Flow Traders U.S. LLC purchased a new stake in Xtrackers Harvest CSI 300 China A-Shares ETF in the first quarter valued at $5,231,000. Rovida Investment Management Ltd raised its holdings in Xtrackers Harvest CSI 300 China A-Shares ETF by 66.7% in the 1st quarter. Rovida Investment Management Ltd now owns 250,000 shares of the exchange traded fund’s stock valued at $6,642,000 after buying an additional 100,000 shares during the period. Delphi Financial Group Inc. lifted its position in Xtrackers Harvest CSI 300 China A-Shares ETF by 107.2% in the first quarter. Delphi Financial Group Inc. now owns 288,030 shares of the exchange traded fund’s stock valued at $7,656,000 after buying an additional 149,030 shares during the last quarter. Finally, Acima Private Wealth LLC lifted its position in Xtrackers Harvest CSI 300 China A-Shares ETF by 2.1% in the first quarter. Acima Private Wealth LLC now owns 62,849 shares of the exchange traded fund’s stock valued at $1,670,000 after buying an additional 1,280 shares during the last quarter.

Xtrackers Harvest CSI 300 China A-Shares ETF Company Profile

The Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR) is an exchange-traded fund that is based on the China Shenzhen SE \u002F CSI 300 index. The fund tracks an index of the 300 largest and most liquid Chinese shares traded on the Shanghai and Shenzhen exchanges. The fund holds physical China A-shares.