Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) Sees Significant Decrease in Short Interest

Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) was the target of a large drop in short interest in March. As of March 13th, there was short interest totaling 7,932,790 shares, a drop of 21.4% from the February 26th total of 10,092,976 shares. Currently, 14.8% of the company’s stock are sold short. Based on an average daily volume of 9,092,128 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Trading of Xtrackers Harvest CSI 300 China A-Shares ETF

A number of institutional investors and hedge funds have recently made changes to their positions in ASHR. Quantitative Investment Management LLC acquired a new position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF during the 4th quarter valued at about $612,000. DRW Securities LLC bought a new stake in Xtrackers Harvest CSI 300 China A-Shares ETF during the fourth quarter worth approximately $9,667,000. Sun Life Financial Inc. grew its holdings in Xtrackers Harvest CSI 300 China A-Shares ETF by 66.9% during the fourth quarter. Sun Life Financial Inc. now owns 330,900 shares of the exchange traded fund’s stock valued at $10,870,000 after purchasing an additional 132,600 shares during the last quarter. Delphi Financial Group Inc. grew its holdings in Xtrackers Harvest CSI 300 China A-Shares ETF by 33.2% during the fourth quarter. Delphi Financial Group Inc. now owns 590,280 shares of the exchange traded fund’s stock valued at $19,391,000 after purchasing an additional 147,220 shares during the last quarter. Finally, Mondrian Investment Partners LTD raised its position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF by 29.6% in the fourth quarter. Mondrian Investment Partners LTD now owns 12,383 shares of the exchange traded fund’s stock valued at $407,000 after purchasing an additional 2,825 shares during the period.

Xtrackers Harvest CSI 300 China A-Shares ETF Trading Up 0.7%

Shares of NYSEARCA:ASHR opened at $32.21 on Tuesday. The stock has a market capitalization of $1.72 billion, a PE ratio of 13.62 and a beta of 0.27. Xtrackers Harvest CSI 300 China A-Shares ETF has a 1 year low of $23.26 and a 1 year high of $34.59. The firm has a fifty day moving average price of $33.47 and a 200 day moving average price of $33.07.

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.