Short Interest in iShares MSCI Qatar ETF (NASDAQ:QAT) Grows By 351.0%

iShares MSCI Qatar ETF (NASDAQ:QAT) saw a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 46,077 shares, a growth of 351.0% from the January 15th total of 10,216 shares. Based on an average daily volume of 17,066 shares, the days-to-cover ratio is currently 2.7 days. Approximately 1.3% of the company’s shares are short sold. Approximately 1.3% of the company’s shares are short sold. Based on an average daily volume of 17,066 shares, the days-to-cover ratio is currently 2.7 days.

iShares MSCI Qatar ETF Trading Up 0.0%

NASDAQ QAT opened at $20.11 on Wednesday. iShares MSCI Qatar ETF has a twelve month low of $16.78 and a twelve month high of $20.64. The stock has a market cap of $73.40 million, a PE ratio of 11.93 and a beta of 0.43. The stock has a fifty day simple moving average of $19.35 and a 200-day simple moving average of $19.46.

iShares MSCI Qatar ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Monday, December 22nd. Shareholders of record on Tuesday, December 16th were paid a dividend of $0.2267 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a yield of 242.0%.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of QAT. Raymond James Financial Inc. purchased a new stake in shares of iShares MSCI Qatar ETF during the second quarter worth approximately $33,000. Sumitomo Mitsui Trust Group Inc. purchased a new position in iShares MSCI Qatar ETF during the 3rd quarter worth $196,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of iShares MSCI Qatar ETF in the 1st quarter worth $391,000. Victory Capital Management Inc. acquired a new stake in shares of iShares MSCI Qatar ETF in the 3rd quarter worth $405,000. Finally, Flow Traders U.S. LLC boosted its holdings in shares of iShares MSCI Qatar ETF by 57.0% in the third quarter. Flow Traders U.S. LLC now owns 32,360 shares of the company’s stock valued at $632,000 after acquiring an additional 11,747 shares in the last quarter.

About iShares MSCI Qatar ETF

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.