Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) Short Interest Up 35.6% in January

Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 10,114,689 shares, a growth of 35.6% from the December 31st total of 7,457,328 shares. Approximately 18.5% of the company’s shares are short sold. Based on an average daily volume of 6,255,596 shares, the short-interest ratio is presently 1.6 days. Based on an average daily volume of 6,255,596 shares, the short-interest ratio is presently 1.6 days. Approximately 18.5% of the company’s shares are short sold.

Xtrackers Harvest CSI 300 China A-Shares ETF Trading Down 1.5%

Shares of ASHR stock traded down $0.52 during trading hours on Friday, reaching $33.44. The company’s stock had a trading volume of 10,838,060 shares, compared to its average volume of 6,404,658. The stock has a market capitalization of $1.79 billion, a P/E ratio of 13.62 and a beta of 0.27. The firm’s fifty day simple moving average is $33.16 and its 200 day simple moving average is $32.05. Xtrackers Harvest CSI 300 China A-Shares ETF has a one year low of $23.26 and a one year high of $34.35.

Hedge Funds Weigh In On Xtrackers Harvest CSI 300 China A-Shares ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Hutchinson Financial Advisors INC purchased a new stake in shares of Xtrackers Harvest CSI 300 China A-Shares ETF in the 2nd quarter worth about $631,000. JPMorgan Chase & Co. grew its holdings in Xtrackers Harvest CSI 300 China A-Shares ETF by 26.6% in the second quarter. JPMorgan Chase & Co. now owns 1,185,968 shares of the exchange traded fund’s stock worth $32,662,000 after purchasing an additional 249,190 shares during the period. Sun Life Financial Inc. purchased a new stake in Xtrackers Harvest CSI 300 China A-Shares ETF in the second quarter worth about $5,461,000. Trium Capital LLP purchased a new position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF during the third quarter valued at approximately $31,955,000. Finally, Financial & Tax Architects LLC purchased a new position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF during the third quarter valued at approximately $1,098,000.

Xtrackers Harvest CSI 300 China A-Shares ETF Company Profile

The Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR) is an exchange-traded fund that is based on the China Shenzhen SE \u002F CSI 300 index. The fund tracks an index of the 300 largest and most liquid Chinese shares traded on the Shanghai and Shenzhen exchanges. The fund holds physical China A-shares. ASHR was launched on Nov 6, 2013 and is managed by Xtrackers.