iShares MSCI Thailand ETF (NYSEARCA:THD) Short Interest Update

iShares MSCI Thailand ETF (NYSEARCA:THD) saw a significant drop in short interest in January. As of January 15th, there was short interest totaling 131,996 shares, a drop of 31.6% from the December 31st total of 193,105 shares. Based on an average daily trading volume, of 125,398 shares, the short-interest ratio is presently 1.1 days. Currently, 3.5% of the company’s stock are short sold. Currently, 3.5% of the company’s stock are short sold. Based on an average daily trading volume, of 125,398 shares, the short-interest ratio is presently 1.1 days.

Institutional Trading of iShares MSCI Thailand ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Nan Fung Trinity HK Ltd. grew its stake in iShares MSCI Thailand ETF by 93.3% in the 3rd quarter. Nan Fung Trinity HK Ltd. now owns 428,000 shares of the company’s stock valued at $25,205,000 after buying an additional 206,600 shares during the last quarter. Sun Life Financial Inc. acquired a new stake in shares of iShares MSCI Thailand ETF in the third quarter valued at about $12,751,000. Ameriprise Financial Inc. acquired a new stake in shares of iShares MSCI Thailand ETF in the second quarter valued at about $6,136,000. Millburn Ridgefield LLC DE lifted its position in shares of iShares MSCI Thailand ETF by 1.5% during the 3rd quarter. Millburn Ridgefield LLC DE now owns 76,746 shares of the company’s stock worth $4,520,000 after purchasing an additional 1,101 shares during the last quarter. Finally, Catalyst Capital Advisors LLC lifted its position in shares of iShares MSCI Thailand ETF by 9.8% during the 2nd quarter. Catalyst Capital Advisors LLC now owns 75,645 shares of the company’s stock worth $3,818,000 after purchasing an additional 6,746 shares during the last quarter. 67.20% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Thailand ETF Stock Performance

Shares of NYSEARCA THD traded down $0.79 during mid-day trading on Friday, reaching $63.16. 113,614 shares of the company traded hands, compared to its average volume of 154,696. The company’s fifty day moving average is $60.66 and its two-hundred day moving average is $59.44. iShares MSCI Thailand ETF has a fifty-two week low of $45.23 and a fifty-two week high of $65.26. The stock has a market cap of $255.80 million, a PE ratio of 13.16 and a beta of 0.61.

iShares MSCI Thailand ETF Company Profile

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.