iShares MSCI China A ETF (BATS:CNYA) Sees Large Decrease in Short Interest

iShares MSCI China A ETF (BATS:CNYA) was the recipient of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 425,399 shares, a decline of 61.9% from the July 30th total of 1,115,580 shares. Currently, 5.9% of the company’s stock are sold short. Based on an average daily trading volume, of 22,777 shares, the days-to-cover ratio is currently 18.7 days.

iShares MSCI China A ETF Trading Down 0.1%

CNYA stock opened at $35.78 on Friday. iShares MSCI China A ETF has a 12-month low of $32.10 and a 12-month high of $38.77. The stock’s 50 day simple moving average is $36.21 and its 200 day simple moving average is $36.12. The firm has a market cap of $255.83 million, a P/E ratio of 14.20 and a beta of 0.33.

Institutional Investors Weigh In On iShares MSCI China A ETF

Large investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada increased its holdings in shares of iShares MSCI China A ETF by 19.8% in the 1st quarter. Royal Bank of Canada now owns 79,100 shares of the company’s stock worth $2,217,000 after acquiring an additional 13,058 shares during the period. Raymond James Financial Inc. bought a new stake in shares of iShares MSCI China A ETF in the 2nd quarter worth $101,000. Man Group plc lifted its holdings in iShares MSCI China A ETF by 7.4% in the 2nd quarter. Man Group plc now owns 31,140 shares of the company’s stock valued at $894,000 after acquiring an additional 2,148 shares during the last quarter. Osaic Holdings Inc. lifted its stake in iShares MSCI China A ETF by 437.8% during the second quarter. Osaic Holdings Inc. now owns 2,748 shares of the company’s stock valued at $79,000 after purchasing an additional 2,237 shares during the last quarter. Finally, JPMorgan Chase & Co. acquired a new stake in shares of iShares MSCI China A ETF during the 3rd quarter valued at $6,287,000.

About iShares MSCI China A ETF

The iShares MSCI China A ETF (CNYA) is an exchange-traded fund that is based on the MSCI China A Inclusion index, a market-cap-weighted index of Chinese A-share equities. CNYA was launched on Jun 13, 2016 and is managed by BlackRock.