iShares MSCI Thailand ETF (NYSEARCA:THD – Get Free Report) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 127,190 shares, a growth of 63.5% from the June 30th total of 77,802 shares. Based on an average daily volume of 43,085 shares, the days-to-cover ratio is currently 3.0 days. Approximately 2.5% of the shares of the company are sold short.
Institutional Trading of iShares MSCI Thailand ETF
Several hedge funds and other institutional investors have recently modified their holdings of THD. AlphaCentric Advisors LLC bought a new position in iShares MSCI Thailand ETF in the 4th quarter valued at about $149,000. Innealta Capital LLC bought a new stake in shares of iShares MSCI Thailand ETF during the first quarter worth approximately $238,000. Sigma Planning Corp bought a new stake in shares of iShares MSCI Thailand ETF during the fourth quarter worth approximately $372,000. Flow Traders U.S. LLC acquired a new position in shares of iShares MSCI Thailand ETF in the third quarter valued at approximately $411,000. Finally, Amundi acquired a new position in shares of iShares MSCI Thailand ETF in the second quarter valued at approximately $421,000. Institutional investors own 67.20% of the company’s stock.
iShares MSCI Thailand ETF Trading Up 1.2%
Shares of NYSEARCA:THD traded up $0.90 on Friday, hitting $73.04. The company had a trading volume of 37,844 shares, compared to its average volume of 117,427. iShares MSCI Thailand ETF has a 1-year low of $55.99 and a 1-year high of $75.06. The stock has a market cap of $368.85 million, a price-to-earnings ratio of 13.16 and a beta of 0.44. The stock has a 50 day moving average price of $72.39 and a 200 day moving average price of $69.68.
About iShares MSCI Thailand ETF
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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