iShares MSCI Qatar ETF (NASDAQ:QAT) Short Interest Down 38.5% in July

iShares MSCI Qatar ETF (NASDAQ:QAT) was the target of a large drop in short interest during the month of July. As of July 31st, there was short interest totalling 800 shares, a drop of 38.5% from the July 15th total of 1,300 shares. Based on an average daily volume of 21,400 shares, the short-interest ratio is presently 0.0 days.

iShares MSCI Qatar ETF Stock Up 0.6 %

Shares of iShares MSCI Qatar ETF stock traded up $0.11 during trading on Tuesday, reaching $17.42. The company’s stock had a trading volume of 406 shares, compared to its average volume of 24,294. iShares MSCI Qatar ETF has a 52 week low of $15.66 and a 52 week high of $18.60. The firm has a market cap of $65.33 million, a PE ratio of 10.78 and a beta of 0.48. The business’s 50-day moving average price is $16.99 and its 200-day moving average price is $17.30.

iShares MSCI Qatar ETF Announces Dividend

The firm also recently announced a Semi-Annual dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were given a dividend of $0.7702 per share. The ex-dividend date of this dividend was Tuesday, June 11th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in iShares MSCI Qatar ETF stock. Jane Street Group LLC boosted its position in shares of iShares MSCI Qatar ETF (NASDAQ:QAT) by 445.4% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 332,899 shares of the company’s stock after buying an additional 271,861 shares during the period. Jane Street Group LLC owned approximately 7.32% of iShares MSCI Qatar ETF worth $5,872,000 at the end of the most recent quarter.

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.