Short Interest in iShares MSCI Qatar ETF (NASDAQ:QAT) Grows By 39.7%

iShares MSCI Qatar ETF (NASDAQ:QAT) was the recipient of a significant growth in short interest in February. As of February 27th, there was short interest totaling 73,707 shares, a growth of 39.7% from the February 12th total of 52,761 shares. Based on an average trading volume of 16,075 shares, the days-to-cover ratio is presently 4.6 days. Approximately 2.0% of the shares of the company are sold short. Approximately 2.0% of the shares of the company are sold short. Based on an average trading volume of 16,075 shares, the days-to-cover ratio is presently 4.6 days.

Institutional Investors Weigh In On iShares MSCI Qatar ETF

Institutional investors have recently modified their holdings of the business. Raymond James Financial Inc. bought a new stake in iShares MSCI Qatar ETF in the 2nd quarter valued at about $33,000. Sumitomo Mitsui Trust Group Inc. raised its position in shares of iShares MSCI Qatar ETF by 50.8% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 15,133 shares of the company’s stock valued at $285,000 after buying an additional 5,100 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its position in shares of iShares MSCI Qatar ETF by 3.5% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 174,669 shares of the company’s stock valued at $3,287,000 after buying an additional 5,913 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of iShares MSCI Qatar ETF by 58.8% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,636 shares of the company’s stock valued at $618,000 after buying an additional 11,710 shares during the period. Finally, Flow Traders U.S. LLC boosted its stake in shares of 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 buying an additional 11,747 shares during the period.

iShares MSCI Qatar ETF Trading Up 0.2%

Shares of NASDAQ:QAT traded up $0.04 on Friday, hitting $18.74. The company had a trading volume of 135,199 shares, compared to its average volume of 19,741. The stock has a 50 day moving average price of $19.59 and a 200 day moving average price of $19.38. The stock has a market cap of $68.40 million, a price-to-earnings ratio of 11.93 and a beta of 0.43. 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 company also recently disclosed a dividend, which was paid on Monday, December 22nd. Shareholders of record on Tuesday, December 16th were issued a $0.2267 dividend. 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.