iShares MSCI Qatar ETF (NASDAQ:QAT) Short Interest Down 42.3% in March

iShares MSCI Qatar ETF (NASDAQ:QAT) was the recipient of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 1,500 shares, a decline of 42.3% from the February 28th total of 2,600 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 16,200 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On iShares MSCI Qatar ETF

Several institutional investors have recently made changes to their positions in the company. Nissay Asset Management Corp Japan ADV boosted its stake in shares of iShares MSCI Qatar ETF by 1.8% during the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 51,416 shares of the company’s stock valued at $912,000 after purchasing an additional 900 shares in the last quarter. Citadel Advisors LLC purchased a new stake in iShares MSCI Qatar ETF during the fourth quarter worth $1,258,000. Bank of America Corp DE boosted its position in iShares MSCI Qatar ETF by 1,294.5% during the 4th 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. Jane Street Group LLC boosted its position in iShares MSCI Qatar ETF by 111.8% during the 4th quarter. Jane Street Group LLC now owns 32,411 shares of the company’s stock valued at $581,000 after acquiring an additional 17,110 shares in the last quarter. Finally, Comerica Bank increased its holdings in shares of iShares MSCI Qatar ETF by 6.2% in the 4th quarter. Comerica Bank now owns 68,159 shares of the company’s stock valued at $1,222,000 after acquiring an additional 4,000 shares during the period.

iShares MSCI Qatar ETF Stock Down 0.7 %

QAT opened at $17.75 on Monday. The stock’s fifty day moving average is $18.01 and its two-hundred day moving average is $18.10. The company has a market capitalization of $63.90 million, a P/E ratio of 11.35 and a beta of 0.48. iShares MSCI Qatar ETF has a 52 week low of $16.29 and a 52 week high of $18.82.

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.