Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) Short Interest Up 35.6% in January

Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 10,114,689 shares, a growth of 35.6% from the December 31st total of 7,457,328 shares. Currently, 18.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 6,255,596 shares, the short-interest ratio is presently 1.6 days. Based on an average daily trading volume, of 6,255,596 shares, the short-interest ratio is presently 1.6 days. Currently, 18.5% of the shares of the stock are short sold.

Xtrackers Harvest CSI 300 China A-Shares ETF Stock Performance

Shares of ASHR opened at $33.33 on Tuesday. The stock has a market capitalization of $1.78 billion, a PE ratio of 13.62 and a beta of 0.27. The company’s fifty day moving average is $33.18 and its 200 day moving average is $32.11. Xtrackers Harvest CSI 300 China A-Shares ETF has a fifty-two week low of $23.26 and a fifty-two week high of $34.35.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Hutchinson Financial Advisors INC acquired a new position in Xtrackers Harvest CSI 300 China A-Shares ETF during the 2nd quarter valued at approximately $631,000. JPMorgan Chase & Co. raised its position in Xtrackers Harvest CSI 300 China A-Shares ETF by 26.6% during the second quarter. JPMorgan Chase & Co. now owns 1,185,968 shares of the exchange traded fund’s stock valued at $32,662,000 after acquiring an additional 249,190 shares in the last quarter. Sun Life Financial Inc. purchased a new position in Xtrackers Harvest CSI 300 China A-Shares ETF in the second quarter valued at $5,461,000. Trium Capital LLP acquired a new position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF in the third quarter worth about $31,955,000. Finally, Financial & Tax Architects LLC purchased a new stake in shares of Xtrackers Harvest CSI 300 China A-Shares ETF during the 3rd quarter worth about $1,098,000.

About Xtrackers Harvest CSI 300 China A-Shares ETF

The Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR) is an exchange-traded fund that is based on the China Shenzhen SE \u002F CSI 300 index. The fund tracks an index of the 300 largest and most liquid Chinese shares traded on the Shanghai and Shenzhen exchanges. The fund holds physical China A-shares. ASHR was launched on Nov 6, 2013 and is managed by Xtrackers.