Short Interest in iShares China Large-Cap ETF (NYSEARCA:FXI) Decreases By 28.3%

iShares China Large-Cap ETF (NYSEARCA:FXI) saw a large drop in short interest in December. As of December 31st, there was short interest totaling 36,975,995 shares, a drop of 28.3% from the December 15th total of 51,592,484 shares. Approximately 22.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 23,986,739 shares, the short-interest ratio is presently 1.5 days. Based on an average daily trading volume, of 23,986,739 shares, the short-interest ratio is presently 1.5 days. Approximately 22.2% of the shares of the stock are short sold.

iShares China Large-Cap ETF Price Performance

NYSEARCA FXI traded down $0.70 on Friday, reaching $39.30. 50,116,165 shares of the company’s stock traded hands, compared to its average volume of 37,954,727. The stock has a market cap of $6.56 billion, a PE ratio of 10.78 and a beta of 0.28. iShares China Large-Cap ETF has a 12 month low of $28.41 and a 12 month high of $42.00. The stock has a 50-day simple moving average of $39.31 and a 200 day simple moving average of $39.20.

Institutional Investors Weigh In On iShares China Large-Cap ETF

A number of large investors have recently added to or reduced their stakes in the company. Jefferies Financial Group Inc. increased its position in shares of iShares China Large-Cap ETF by 3.5% in the third quarter. Jefferies Financial Group Inc. now owns 9,138 shares of the exchange traded fund’s stock valued at $376,000 after acquiring an additional 312 shares during the period. Wilmington Savings Fund Society FSB increased its holdings in iShares China Large-Cap ETF by 7.3% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 4,724 shares of the exchange traded fund’s stock valued at $194,000 after purchasing an additional 321 shares during the period. ABLE Financial Group LLC raised its position in iShares China Large-Cap ETF by 3.8% during the 3rd quarter. ABLE Financial Group LLC now owns 9,553 shares of the exchange traded fund’s stock valued at $393,000 after purchasing an additional 351 shares during the last quarter. Wedbush Securities Inc. raised its position in iShares China Large-Cap ETF by 4.8% during the 2nd quarter. Wedbush Securities Inc. now owns 8,117 shares of the exchange traded fund’s stock valued at $298,000 after purchasing an additional 369 shares during the last quarter. Finally, Assetmark Inc. lifted its holdings in iShares China Large-Cap ETF by 15.1% in the 3rd quarter. Assetmark Inc. now owns 3,020 shares of the exchange traded fund’s stock worth $124,000 after buying an additional 397 shares during the period.

About iShares China Large-Cap ETF

iShares China Large-Cap ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE China 25 Index (the Underlying Index). The Fund’s portfolio of sectors include Financials, Telecommunication, Oil & gas, Technology and Consumer goods. The underlying Index is designed to represent the performance of the companies in the Chinese equity market, which are available to the international investors.