Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) Short Interest Down 15.5% in February

Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) was the target of a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 10,786,107 shares, a drop of 15.5% from the January 29th total of 12,771,367 shares. Based on an average trading volume of 7,452,991 shares, the days-to-cover ratio is currently 1.4 days. Approximately 20.1% of the shares of the stock are short sold. Approximately 20.1% of the shares of the stock are short sold. Based on an average trading volume of 7,452,991 shares, the days-to-cover ratio is currently 1.4 days.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Mondrian Investment Partners LTD bought a new stake in shares of Xtrackers Harvest CSI 300 China A-Shares ETF in the 3rd quarter valued at approximately $315,000. ANTIPODES PARTNERS Ltd acquired a new position in Xtrackers Harvest CSI 300 China A-Shares ETF during the 3rd quarter valued at about $400,000. Quantitative Investment Management LLC bought a new position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF in the 4th quarter valued at about $612,000. Farther Finance Advisors LLC grew its position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF by 4,802.9% during the 4th quarter. Farther Finance Advisors LLC now owns 28,486 shares of the exchange traded fund’s stock worth $936,000 after buying an additional 27,905 shares during the period. Finally, Financial & Tax Architects LLC bought a new stake in shares of Xtrackers Harvest CSI 300 China A-Shares ETF during the third quarter worth approximately $1,098,000.

Xtrackers Harvest CSI 300 China A-Shares ETF Price Performance

Shares of ASHR traded up $0.25 during midday trading on Wednesday, reaching $33.31. The stock had a trading volume of 3,473,458 shares, compared to its average volume of 7,344,693. The company has a market capitalization of $1.78 billion, a P/E ratio of 13.62 and a beta of 0.27. The firm’s 50 day moving average price is $33.65 and its 200-day moving average price is $32.84. Xtrackers Harvest CSI 300 China A-Shares ETF has a 52 week low of $23.26 and a 52 week high of $34.59.

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.