iShares MSCI China Multisector Tech ETF (NASDAQ:TCHI) Short Interest Update

iShares MSCI China Multisector Tech ETF (NASDAQ:TCHI) saw a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 11,800 shares, a decrease of 36.9% from the February 13th total of 18,700 shares. Currently, 3.0% of the company’s stock are short sold. Based on an average daily trading volume, of 19,900 shares, the short-interest ratio is currently 0.6 days.

iShares MSCI China Multisector Tech ETF Price Performance

NASDAQ:TCHI opened at $21.68 on Monday. The firm has a 50-day moving average of $19.61 and a two-hundred day moving average of $18.52. The stock has a market cap of $15.18 million, a P/E ratio of 19.79 and a beta of 0.47. iShares MSCI China Multisector Tech ETF has a 1-year low of $14.63 and a 1-year high of $22.58.

Hedge Funds Weigh In On iShares MSCI China Multisector Tech ETF

A hedge fund recently bought a new stake in iShares MSCI China Multisector Tech ETF stock. OLD Mission Capital LLC acquired a new stake in iShares MSCI China Multisector Tech ETF (NASDAQ:TCHI) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 18,743 shares of the company’s stock, valued at approximately $338,000. OLD Mission Capital LLC owned about 4.69% of iShares MSCI China Multisector Tech ETF at the end of the most recent reporting period.

About iShares MSCI China Multisector Tech ETF

The iShares MSCI China Multisector Tech ETF (TCHI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market cap-weighted index of large- and mid-cap Chinese equities in technology and technology-related industries. TCHI was launched on Jan 25, 2022 and is managed by BlackRock.