iShares MSCI Qatar ETF (NASDAQ:QAT – Get Free Report) saw a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 433,218 shares, a growth of 286.3% from the May 14th total of 112,156 shares. Based on an average trading volume of 34,298 shares, the short-interest ratio is presently 12.6 days. Approximately 8.8% of the shares of the stock are short sold.
iShares MSCI Qatar ETF Price Performance
Shares of NASDAQ:QAT traded up $0.02 during trading on Thursday, reaching $18.54. The stock had a trading volume of 2,945 shares, compared to its average volume of 44,536. iShares MSCI Qatar ETF has a 52 week low of $17.71 and a 52 week high of $20.64. The business’s 50-day moving average price is $18.91 and its 200 day moving average price is $19.11. The stock has a market capitalization of $91.77 million, a PE ratio of 11.93 and a beta of 0.38.
Institutional Inflows and Outflows
A number of institutional investors have recently modified their holdings of QAT. JPMorgan Chase & Co. grew its stake in shares of iShares MSCI Qatar ETF by 1,090.5% during the second quarter. JPMorgan Chase & Co. now owns 216,306 shares of the company’s stock valued at $4,028,000 after purchasing an additional 198,137 shares during the last quarter. Jane Street Group LLC raised its position in iShares MSCI Qatar ETF by 202.9% in the 2nd quarter. Jane Street Group LLC now owns 154,860 shares of the company’s stock worth $2,883,000 after purchasing an additional 103,735 shares during the last quarter. Fifth Third Bancorp bought a new position in iShares MSCI Qatar ETF in the 1st quarter worth approximately $1,052,000. Ensign Peak Advisors Inc bought a new position in iShares MSCI Qatar ETF in the 4th quarter worth approximately $463,000. Finally, Mackenzie Financial Corp bought a new position in iShares MSCI Qatar ETF in the 4th quarter worth approximately $434,000.
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.
Read More
- Five stocks we like better than iShares MSCI Qatar ETF
- Microsoft Just Gave Investors 3 Dates They Can’t Afford to Ignore
- NVIDIA’s Outlook Gains Momentum: Stock Price to Follow
- The World Cup Is Coming—These 3 Stocks Could Cash In
- Spotify’s “North Star” Outlook Was Music to Investors Ears
Receive News & Ratings for iShares MSCI Qatar ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Qatar ETF and related companies with MarketBeat.com's FREE daily email newsletter.
