Short Interest in iShares MSCI Qatar ETF (NASDAQ:QAT) Rises By 351.0%

iShares MSCI Qatar ETF (NASDAQ:QAT) was the recipient of a large growth in short interest in January. As of January 30th, there was short interest totaling 46,077 shares, a growth of 351.0% from the January 15th total of 10,216 shares. Based on an average trading volume of 17,066 shares, the days-to-cover ratio is currently 2.7 days. Currently, 1.3% of the shares of the stock are short sold. Currently, 1.3% of the shares of the stock are short sold. Based on an average trading volume of 17,066 shares, the days-to-cover ratio is currently 2.7 days.

Institutional Investors Weigh In On iShares MSCI Qatar ETF

Several hedge funds have recently modified their holdings of QAT. Raymond James Financial Inc. acquired a new stake in iShares MSCI Qatar ETF during the second quarter worth approximately $33,000. Sumitomo Mitsui Trust Group Inc. acquired a new stake in shares of iShares MSCI Qatar ETF during the third quarter worth $196,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of iShares MSCI Qatar ETF in the first quarter valued at $391,000. Victory Capital Management Inc. acquired a new position in iShares MSCI Qatar ETF in the third quarter valued at $405,000. Finally, Flow Traders U.S. LLC increased 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 purchasing an additional 11,747 shares during the last quarter.

iShares MSCI Qatar ETF Price Performance

Shares of NASDAQ QAT opened at $20.11 on Wednesday. The firm’s 50-day moving average is $19.35 and its two-hundred day moving average is $19.46. The company has a market capitalization of $73.40 million, a PE ratio of 11.93 and a beta of 0.43. iShares MSCI Qatar ETF has a 12-month low of $16.78 and a 12-month high of $20.64.

iShares MSCI Qatar ETF Dividend Announcement

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

About iShares MSCI Qatar ETF

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.