Short Interest in iShares MSCI Thailand ETF (NYSEARCA:THD) Decreases By 47.2%

iShares MSCI Thailand ETF (NYSEARCA:THD) was the recipient of a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 73,795 shares, a decrease of 47.2% from the February 12th total of 139,843 shares. Currently, 1.8% of the company’s stock are sold short. Based on an average daily trading volume, of 124,485 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily trading volume, of 124,485 shares, the days-to-cover ratio is currently 0.6 days. Currently, 1.8% of the company’s stock are sold short.

iShares MSCI Thailand ETF Stock Down 0.9%

Shares of NYSEARCA:THD traded down $0.60 on Friday, reaching $65.30. The company had a trading volume of 230,762 shares, compared to its average volume of 167,820. iShares MSCI Thailand ETF has a twelve month low of $45.23 and a twelve month high of $75.06. The stock has a 50-day moving average price of $66.08 and a 200 day moving average price of $61.93. The stock has a market capitalization of $264.47 million, a P/E ratio of 13.16 and a beta of 0.61.

Institutional Investors Weigh In On iShares MSCI Thailand ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Simplex Trading LLC bought a new stake in iShares MSCI Thailand ETF during the second quarter worth approximately $26,000. Nan Fung Trinity HK Ltd. acquired a new stake in shares of iShares MSCI Thailand ETF in the second quarter worth $11,174,000. Amundi acquired a new stake in shares of iShares MSCI Thailand ETF in the second quarter worth $421,000. Ameriprise Financial Inc. bought a new stake in shares of iShares MSCI Thailand ETF during the 2nd quarter worth $6,136,000. Finally, Sumitomo Mitsui Trust Group Inc. bought a new stake in shares of iShares MSCI Thailand ETF during the 3rd quarter worth $324,000. 67.20% of the stock is currently owned by institutional investors and hedge funds.

About iShares MSCI Thailand ETF

The iShares MSCI Thailand ETF (THD) is an exchange-traded fund that is based on the MSCI Thailand IMI 25-50 index, a market-cap-weighted index of the Thai equity market. THD was launched on Mar 26, 2008 and is managed by BlackRock.