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

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

iShares MSCI China A ETF Stock Performance

Shares of BATS CNYA opened at $35.83 on Friday. iShares MSCI China A ETF has a 52 week low of $32.10 and a 52 week high of $38.77. The stock has a market capitalization of $256.18 million, a P/E ratio of 14.20 and a beta of 0.33. The stock’s fifty day moving average is $36.25 and its 200 day moving average is $36.12.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of CNYA. CIBC Asset Management Inc boosted its position in shares of iShares MSCI China A ETF by 12.0% during the fourth quarter. CIBC Asset Management Inc now owns 304,127 shares of the company’s stock valued at $10,517,000 after buying an additional 32,650 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in iShares MSCI China A ETF by 30.1% in the 4th quarter. JPMorgan Chase & Co. now owns 238,126 shares of the company’s stock worth $8,234,000 after purchasing an additional 55,049 shares in the last quarter. UBS Group AG boosted its position in shares of iShares MSCI China A ETF by 32.1% during the 4th quarter. UBS Group AG now owns 220,262 shares of the company’s stock valued at $7,617,000 after acquiring an additional 53,466 shares during the last quarter. Invesco Ltd. bought a new position in shares of iShares MSCI China A ETF in the 3rd quarter worth $6,703,000. Finally, Bank of America Corp DE boosted its position in iShares MSCI China A ETF by 1,433.8% during the third quarter. Bank of America Corp DE now owns 133,046 shares of the company’s stock valued at $4,569,000 after buying an additional 124,372 shares during the period.

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.