iShares MSCI Qatar ETF (NASDAQ:QAT) Short Interest Down 29.9% in January

iShares MSCI Qatar ETF (NASDAQ:QAT) saw a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 10,216 shares, a decline of 29.9% from the December 31st total of 14,570 shares. Based on an average daily trading volume, of 6,977 shares, the short-interest ratio is presently 1.5 days. Approximately 0.3% of the shares of the stock are short sold. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 6,977 shares, the short-interest ratio is presently 1.5 days.

Hedge Funds Weigh In On iShares MSCI Qatar ETF

Several large investors have recently modified their holdings of the stock. Raymond James Financial Inc. bought a new position in iShares MSCI Qatar ETF during the 2nd quarter worth approximately $33,000. Sumitomo Mitsui Trust Group Inc. acquired a new stake in iShares MSCI Qatar ETF during the third quarter worth about $196,000. Victory Capital Management Inc. bought a new position in iShares MSCI Qatar ETF in the third quarter worth about $405,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in iShares MSCI Qatar ETF in the first quarter worth about $391,000. Finally, Flow Traders U.S. LLC boosted its stake in 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 during the period.

iShares MSCI Qatar ETF Price Performance

NASDAQ QAT opened at $19.71 on Friday. The company has a market cap of $71.94 million, a PE ratio of 11.93 and a beta of 0.43. The stock’s 50 day simple moving average is $19.19 and its 200-day simple moving average is $19.42. iShares MSCI Qatar ETF has a 1-year low of $16.78 and a 1-year high of $20.64.

iShares MSCI Qatar ETF Dividend Announcement

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

iShares MSCI Qatar ETF Company Profile

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.