iShares MSCI China Multisector Tech ETF (NASDAQ:TCHI) Short Interest Up 114.3% in December

iShares MSCI China Multisector Tech ETF (NASDAQ:TCHI) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 16,500 shares, a growth of 114.3% from the November 30th total of 7,700 shares. Based on an average trading volume of 12,100 shares, the days-to-cover ratio is currently 1.4 days.

iShares MSCI China Multisector Tech ETF Stock Down 0.5 %

Shares of TCHI stock traded down $0.10 on Friday, hitting $18.35. The stock had a trading volume of 641 shares, compared to its average volume of 5,770. The company has a market cap of $7.34 million, a PE ratio of 14.42 and a beta of 0.33. The business has a 50 day moving average price of $18.51 and a 200 day moving average price of $17.16. iShares MSCI China Multisector Tech ETF has a one year low of $14.00 and a one year high of $22.58.

iShares MSCI China Multisector Tech ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a $0.3793 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

iShares MSCI China Multisector Tech ETF Company Profile

The iShares MSCI China Multisector Tech ETF (TCHI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market cap-weighted index of large- and mid-cap Chinese equities in technology and technology-related industries. TCHI was launched on Jan 25, 2022 and is managed by BlackRock.