Short Interest in iShares MSCI Qatar ETF (NASDAQ:QAT) Increases By 157.5%

iShares MSCI Qatar ETF (NASDAQ:QAT) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totaling 155,800 shares, a growth of 157.5% from the August 31st total of 60,500 shares. Based on an average daily volume of 40,200 shares, the days-to-cover ratio is presently 3.9 days. Based on an average daily volume of 40,200 shares, the days-to-cover ratio is presently 3.9 days.

Hedge Funds Weigh In On iShares MSCI Qatar ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Bank of America Corp DE raised its position in iShares MSCI Qatar ETF by 1,294.5% during the fourth quarter. Bank of America Corp DE now owns 13,122 shares of the company’s stock valued at $235,000 after acquiring an additional 12,181 shares in the last quarter. Denali Advisors LLC raised its position in iShares MSCI Qatar ETF by 13.3% during the first quarter. Denali Advisors LLC now owns 5,100 shares of the company’s stock valued at $91,000 after acquiring an additional 600 shares in the last quarter. Nissay Asset Management Corp Japan ADV raised its position in iShares MSCI Qatar ETF by 2.9% during the first quarter. Nissay Asset Management Corp Japan ADV now owns 52,890 shares of the company’s stock valued at $944,000 after acquiring an additional 1,474 shares in the last quarter. OLD Mission Capital LLC raised its position in iShares MSCI Qatar ETF by 7.8% during the first quarter. OLD Mission Capital LLC now owns 30,937 shares of the company’s stock valued at $552,000 after acquiring an additional 2,227 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd raised its position in iShares MSCI Qatar ETF by 7.2% during the first quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 159,738 shares of the company’s stock valued at $2,850,000 after acquiring an additional 10,789 shares in the last quarter.

iShares MSCI Qatar ETF Price Performance

NASDAQ QAT opened at $19.30 on Friday. The company has a 50 day simple moving average of $19.82 and a 200-day simple moving average of $18.89. The firm has a market capitalization of $72.38 million, a price-to-earnings ratio of 11.93 and a beta of 0.48. iShares MSCI Qatar ETF has a 52-week low of $16.78 and a 52-week high of $20.64.

iShares MSCI Qatar ETF Company Profile

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.