Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) Short Interest Down 44.2% in May

Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) was the target of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 7,281,294 shares, a drop of 44.2% from the May 14th total of 13,055,979 shares. Approximately 14.5% of the shares of the stock are sold short. Based on an average trading volume of 4,329,228 shares, the days-to-cover ratio is currently 1.7 days.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of ASHR. JPMorgan Chase & Co. boosted its position 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 valued at $71,778,000 after buying an additional 990,443 shares during the period. Mondrian Investment Partners LTD purchased a new position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF during the third quarter valued at approximately $315,000. ANTIPODES PARTNERS Ltd purchased a new position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF during the third quarter valued at approximately $400,000. Acima Private Wealth LLC boosted its position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF by 0.9% during the third quarter. Acima Private Wealth LLC now owns 61,580 shares of the exchange traded fund’s stock valued at $2,031,000 after buying an additional 560 shares during the period. Finally, Delphi Financial Group Inc. boosted its position 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 buying an additional 155,030 shares during the period.

Xtrackers Harvest CSI 300 China A-Shares ETF Stock Up 0.8%

NYSEARCA:ASHR traded up $0.29 on Friday, reaching $35.31. 3,529,237 shares of the company’s stock traded hands, compared to its average volume of 5,948,530. The stock has a 50-day simple moving average of $34.99 and a 200-day simple moving average of $33.87. The firm has a market cap of $1.77 billion, a PE ratio of 13.62 and a beta of 0.32. Xtrackers Harvest CSI 300 China A-Shares ETF has a 12 month low of $26.69 and a 12 month high of $36.99.

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.