iShares MSCI Thailand ETF (NYSEARCA:THD – Get Free Report) was the recipient of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 77,802 shares, a decrease of 65.5% from the June 15th total of 225,314 shares. Approximately 1.6% of the shares of the stock are short sold. Based on an average trading volume of 63,997 shares, the short-interest ratio is presently 1.2 days.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sigma Planning Corp grew its holdings in iShares MSCI Thailand ETF by 14.8% during the 1st quarter. Sigma Planning Corp now owns 7,159 shares of the company’s stock valued at $497,000 after buying an additional 923 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of iShares MSCI Thailand ETF by 9.5% in the fourth quarter. LPL Financial LLC now owns 11,557 shares of the company’s stock worth $690,000 after buying an additional 1,001 shares in the last quarter. Stifel Financial Corp boosted its position in shares of iShares MSCI Thailand ETF by 18.0% during the fourth quarter. Stifel Financial Corp now owns 7,206 shares of the company’s stock worth $431,000 after acquiring an additional 1,097 shares during the last quarter. Sun Life Financial Inc. boosted its position in shares of iShares MSCI Thailand ETF by 0.6% during the fourth quarter. Sun Life Financial Inc. now owns 217,775 shares of the company’s stock worth $12,995,000 after acquiring an additional 1,246 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. boosted its position in shares of iShares MSCI Thailand ETF by 30.9% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 7,197 shares of the company’s stock worth $429,000 after acquiring an additional 1,700 shares during the last quarter. 67.20% of the stock is currently owned by institutional investors.
iShares MSCI Thailand ETF Price Performance
Shares of NYSEARCA:THD traded up $0.40 during trading on Tuesday, hitting $72.73. 25,701 shares of the company’s stock were exchanged, compared to its average volume of 125,945. iShares MSCI Thailand ETF has a 52-week low of $53.21 and a 52-week high of $75.06. The business’s 50-day simple moving average is $72.19 and its 200 day simple moving average is $68.64. The company has a market cap of $360.01 million, a price-to-earnings ratio of 13.16 and a beta of 0.44.
iShares MSCI Thailand ETF Company Profile
The iShares MSCI Thailand ETF (THD) is an exchange-traded fund that is based on the MSCI Thailand IMI 25-50 index, a market-cap-weighted index of the Thai equity market. THD was launched on Mar 26, 2008 and is managed by BlackRock.
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