iShares MSCI Thailand ETF (NYSEARCA:THD) Short Interest Up 167.7% in December

iShares MSCI Thailand ETF (NYSEARCA:THD) saw a large increase in short interest in December. As of December 15th, there was short interest totaling 212,827 shares, an increase of 167.7% from the November 30th total of 79,510 shares. Currently, 6.0% of the company’s stock are sold short. Based on an average trading volume of 86,463 shares, the short-interest ratio is presently 2.5 days. Based on an average trading volume of 86,463 shares, the short-interest ratio is presently 2.5 days. Currently, 6.0% of the company’s stock are sold short.

iShares MSCI Thailand ETF Stock Performance

Shares of iShares MSCI Thailand ETF stock traded down $0.42 during trading on Friday, reaching $60.85. The company had a trading volume of 11,296 shares, compared to its average volume of 76,491. The firm’s fifty day moving average is $59.82 and its 200-day moving average is $57.65. iShares MSCI Thailand ETF has a fifty-two week low of $45.23 and a fifty-two week high of $62.16. The company has a market cap of $216.02 million, a price-to-earnings ratio of 13.16 and a beta of 0.61.

Hedge Funds Weigh In On iShares MSCI Thailand ETF

Several large investors have recently added to or reduced their stakes in the company. Simplex Trading LLC bought a new stake in iShares MSCI Thailand ETF during the second quarter valued at $26,000. Capula Management Ltd acquired a new position in shares of iShares MSCI Thailand ETF in the 3rd quarter valued at about $252,000. Sumitomo Mitsui Trust Group Inc. bought a new stake in shares of iShares MSCI Thailand ETF during the 3rd quarter valued at about $324,000. Strs Ohio bought a new stake in shares of iShares MSCI Thailand ETF during the 1st quarter valued at about $316,000. Finally, Flow Traders U.S. LLC acquired a new stake in iShares MSCI Thailand ETF during the third quarter worth about $411,000. 67.20% of the stock is currently owned by institutional investors.

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.