iShares MSCI Thailand ETF (NYSEARCA:THD – Get Free Report) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 233,149 shares, an increase of 90.6% from the August 31st total of 122,301 shares. Approximately 4.4% of the company’s stock are sold short. Based on an average trading volume of 129,500 shares, the short-interest ratio is presently 1.8 days.
iShares MSCI Thailand ETF Trading Down 1.4%
NYSEARCA:THD opened at $72.52 on Tuesday. iShares MSCI Thailand ETF has a 12-month low of $57.52 and a 12-month high of $75.17. The firm has a market cap of $413.36 million, a PE ratio of 13.16 and a beta of 0.43. The stock has a fifty day moving average price of $73.13 and a 200 day moving average price of $71.61.
Institutional Investors Weigh In On iShares MSCI Thailand ETF
A number of hedge funds have recently bought and sold shares of the stock. Buttonwood Financial Group LLC acquired a new position in iShares MSCI Thailand ETF in the second quarter valued at approximately $1,522,000. Sparta 24 Ltd. purchased a new stake in shares of iShares MSCI Thailand ETF during the 1st quarter worth approximately $839,000. Hilltop Holdings Inc. acquired a new position in shares of iShares MSCI Thailand ETF in the 1st quarter valued at $773,000. Beacon Financial Advisory LLC purchased a new position in shares of iShares MSCI Thailand ETF in the 2nd quarter valued at $685,000. Finally, Continuum Advisory LLC purchased a new position in shares of iShares MSCI Thailand ETF in the 2nd quarter valued at $554,000. Institutional investors and hedge funds own 67.20% of the company’s stock.
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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