Short Interest in iShares MSCI Qatar ETF (NASDAQ:QAT) Decreases By 92.6%

iShares MSCI Qatar ETF (NASDAQ:QAT) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 8,400 shares, a decrease of 92.6% from the November 30th total of 113,900 shares. Based on an average daily trading volume, of 31,200 shares, the short-interest ratio is presently 0.3 days.

iShares MSCI Qatar ETF Trading Down 0.9 %

NASDAQ:QAT traded down $0.16 during trading hours on Thursday, hitting $17.80. The stock had a trading volume of 1,493 shares, compared to its average volume of 24,841. The company has a market cap of $62.30 million, a PE ratio of 10.78 and a beta of 0.48. The business has a 50 day simple moving average of $18.21 and a two-hundred day simple moving average of $17.74. iShares MSCI Qatar ETF has a 1-year low of $16.29 and a 1-year high of $18.82.

iShares MSCI Qatar ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a $0.2878 dividend. The ex-dividend date was Tuesday, December 17th.

Hedge Funds Weigh In On iShares MSCI Qatar ETF

An institutional investor recently raised its position in iShares MSCI Qatar ETF stock. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in shares of iShares MSCI Qatar ETF (NASDAQ:QAT) by 1.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 132,398 shares of the company’s stock after acquiring an additional 1,732 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd owned approximately 3.53% of iShares MSCI Qatar ETF worth $2,235,000 as of its most recent SEC filing.

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.