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

iShares MSCI China A ETF (BATS:CNYA) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 447,057 shares, an increase of 63.3% from the August 31st total of 273,723 shares. Approximately 6.3% of the company’s shares are short sold. Based on an average daily volume of 27,331 shares, the days-to-cover ratio is presently 16.4 days.

Institutional Trading of iShares MSCI China A ETF

Several institutional investors and hedge funds have recently bought and sold shares of CNYA. Integrated Wealth Concepts LLC bought a new position in shares of iShares MSCI China A ETF in the 2nd quarter worth approximately $178,000. Citadel Advisors LLC bought a new stake in shares of iShares MSCI China A ETF during the second quarter valued at approximately $910,000. Royal Bank of Canada grew its stake in iShares MSCI China A ETF by 2.0% in the first quarter. Royal Bank of Canada now owns 71,156 shares of the company’s stock worth $2,433,000 after purchasing an additional 1,418 shares during the period. Bank of New York Mellon Corp grew its stake in iShares MSCI China A ETF by 14.1% in the first quarter. Bank of New York Mellon Corp now owns 80,493 shares of the company’s stock worth $2,751,000 after purchasing an additional 9,966 shares during the period. Finally, Fifth Third Bancorp purchased a new position in iShares MSCI China A ETF during the first quarter valued at $27,000.

iShares MSCI China A ETF Trading Up 0.1%

Shares of BATS CNYA opened at $33.72 on Wednesday. The firm has a fifty day simple moving average of $35.40 and a two-hundred day simple moving average of $36.02. iShares MSCI China A ETF has a 12 month low of $32.80 and a 12 month high of $38.77. The firm has a market capitalization of $241.10 million, a PE ratio of 14.20 and a beta of 0.33.

iShares MSCI China A ETF Company Profile

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.