iShares MSCI Thailand ETF (NYSEARCA:THD) Short Interest Up 128.0% in May

iShares MSCI Thailand ETF (NYSEARCA:THD) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 252,564 shares, a growth of 128.0% from the May 14th total of 110,779 shares. Approximately 6.6% of the company’s stock are short sold. Based on an average trading volume of 69,601 shares, the days-to-cover ratio is currently 3.6 days.

Institutional Investors Weigh In On iShares MSCI Thailand ETF

Several large investors have recently modified their holdings of the business. USA Financial Formulas purchased a new stake in shares of iShares MSCI Thailand ETF in the 4th quarter worth approximately $148,000. AlphaCentric Advisors LLC purchased a new position in iShares MSCI Thailand ETF during the fourth quarter valued at approximately $149,000. Innealta Capital LLC purchased a new position in iShares MSCI Thailand ETF during the first quarter valued at approximately $238,000. Capula Management Ltd bought a new position in iShares MSCI Thailand ETF in the third quarter worth approximately $252,000. Finally, Sigma Planning Corp bought a new position in iShares MSCI Thailand ETF in the fourth quarter worth approximately $372,000. Institutional investors own 67.20% of the company’s stock.

iShares MSCI Thailand ETF Price Performance

NYSEARCA:THD opened at $74.53 on Friday. iShares MSCI Thailand ETF has a 1-year low of $48.08 and a 1-year high of $75.06. The company has a 50-day moving average of $71.62 and a 200 day moving average of $66.78. The firm has a market cap of $283.21 million, a PE ratio of 13.16 and a beta of 0.44.

iShares MSCI Thailand ETF Company Profile

The iShares MSCI Thailand ETF (THD) is an exchange-traded fund that is based on the MSCI Thailand IMI 25-50 index, a market-cap-weighted index of the Thai equity market. THD was launched on Mar 26, 2008 and is managed by BlackRock.