iShares MSCI Thailand ETF (NYSEARCA:THD) Short Interest Down 47.2% in February

iShares MSCI Thailand ETF (NYSEARCA:THD) saw a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 73,795 shares, a drop of 47.2% from the February 12th total of 139,843 shares. Based on an average daily volume of 124,485 shares, the short-interest ratio is presently 0.6 days. Approximately 1.8% of the shares of the company are short sold. Approximately 1.8% of the shares of the company are short sold. Based on an average daily volume of 124,485 shares, the short-interest ratio is presently 0.6 days.

Institutional Investors Weigh In On iShares MSCI Thailand ETF

A number of hedge funds have recently bought and sold shares of the company. Nan Fung Trinity HK Ltd. bought a new position in shares of iShares MSCI Thailand ETF in the second quarter worth about $11,174,000. Sun Life Financial Inc. bought a new stake in iShares MSCI Thailand ETF during the 3rd quarter valued at approximately $12,751,000. Ameriprise Financial Inc. acquired a new stake in iShares MSCI Thailand ETF in the 2nd quarter valued at approximately $6,136,000. Mount Lucas Management LP acquired a new stake in iShares MSCI Thailand ETF in the 3rd quarter valued at approximately $946,000. Finally, Trek Financial LLC bought a new position in iShares MSCI Thailand ETF in the 4th quarter worth approximately $714,000. 67.20% of the stock is currently owned by institutional investors.

iShares MSCI Thailand ETF Stock Performance

Shares of iShares MSCI Thailand ETF stock traded down $1.11 on Thursday, reaching $65.90. The stock had a trading volume of 340,951 shares, compared to its average volume of 166,496. The business’s 50-day moving average price is $65.85 and its two-hundred day moving average price is $61.85. The stock has a market cap of $266.90 million, a P/E ratio of 13.16 and a beta of 0.61. iShares MSCI Thailand ETF has a fifty-two week low of $45.23 and a fifty-two week high of $75.06.

About iShares MSCI Thailand ETF

The iShares MSCI Thailand ETF (THD) is an exchange-traded fund that is based on the MSCI Thailand IMI 25-50 index, a market-cap-weighted index of the Thai equity market. THD was launched on Mar 26, 2008 and is managed by BlackRock.