Short Interest in Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) Grows By 26.3%

Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) was the recipient of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 12,771,367 shares, a growth of 26.3% from the January 15th total of 10,114,689 shares. Based on an average daily volume of 6,553,824 shares, the days-to-cover ratio is currently 1.9 days. Currently, 23.8% of the company’s shares are short sold. Currently, 23.8% of the company’s shares are short sold. Based on an average daily volume of 6,553,824 shares, the days-to-cover ratio is currently 1.9 days.

Xtrackers Harvest CSI 300 China A-Shares ETF Stock Up 0.2%

Shares of NYSEARCA ASHR opened at $33.75 on Tuesday. The firm’s fifty day moving average is $33.39 and its 200 day moving average is $32.44. Xtrackers Harvest CSI 300 China A-Shares ETF has a 52 week low of $23.26 and a 52 week high of $34.35. The company has a market cap of $1.81 billion, a price-to-earnings ratio of 13.62 and a beta of 0.27.

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

Several hedge funds and other institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. boosted its holdings in shares of Xtrackers Harvest CSI 300 China A-Shares ETF by 83.5% during the third quarter. JPMorgan Chase & Co. now owns 2,176,411 shares of the exchange traded fund’s stock worth $71,778,000 after purchasing an additional 990,443 shares during the period. Trium Capital LLP purchased a new stake in Xtrackers Harvest CSI 300 China A-Shares ETF in the 3rd quarter worth approximately $31,955,000. DRW Securities LLC bought a new stake in shares of Xtrackers Harvest CSI 300 China A-Shares ETF in the 4th quarter worth approximately $9,667,000. Sun Life Financial Inc. purchased a new position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF during the second quarter valued at approximately $5,461,000. Finally, Delphi Financial Group Inc. raised its holdings in shares of Xtrackers Harvest CSI 300 China A-Shares ETF by 53.8% during the third quarter. Delphi Financial Group Inc. now owns 443,060 shares of the exchange traded fund’s stock valued at $14,599,000 after acquiring an additional 155,030 shares in the last quarter.

About Xtrackers Harvest CSI 300 China A-Shares ETF

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.