iShares MSCI Qatar ETF (NASDAQ:QAT – Get Free Report) was the recipient of a significant increase in short interest in January. As of January 31st, there was short interest totalling 16,200 shares, an increase of 440.0% from the January 15th total of 3,000 shares. Based on an average daily volume of 30,500 shares, the days-to-cover ratio is currently 0.5 days.
Institutional Trading of iShares MSCI Qatar ETF
Hedge funds have recently bought and sold shares of the company. Wealthfront Advisers LLC bought a new stake in shares of iShares MSCI Qatar ETF during the 4th quarter valued at about $591,000. Yousif Capital Management LLC raised its position in iShares MSCI Qatar ETF by 6.2% in the fourth quarter. Yousif Capital Management LLC now owns 68,159 shares of the company’s stock worth $1,222,000 after acquiring an additional 4,000 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd raised its position in iShares MSCI Qatar ETF by 7.1% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 141,785 shares of the company’s stock worth $2,629,000 after acquiring an additional 9,387 shares during the period.
iShares MSCI Qatar ETF Stock Performance
Shares of QAT traded down $0.08 during mid-day trading on Wednesday, hitting $17.92. 370 shares of the company traded hands, compared to its average volume of 7,570. The stock has a market cap of $64.51 million, a price-to-earnings ratio of 10.78 and a beta of 0.48. The stock has a 50-day moving average price of $17.92 and a two-hundred day moving average price of $17.97. iShares MSCI Qatar ETF has a 1 year low of $16.29 and a 1 year high of $18.82.
iShares MSCI Qatar ETF Dividend Announcement
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.
Recommended Stories
- Five stocks we like better than iShares MSCI Qatar ETF
- Using the MarketBeat Stock Split Calculator
- 3 Reasons Micron Stock Is Deeply Undervalued Right Now
- Differences Between Momentum Investing and Long Term Investing
- Inflation Persists, But So Do Stock Opportunities: Rally On
- 3 Fintech Stocks With Good 2021 Prospects
- Energy Transfer Fuels the Cloud: A Natural Gas Power Play
Receive News & Ratings for iShares MSCI Qatar ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Qatar ETF and related companies with MarketBeat.com's FREE daily email newsletter.