Short Interest in iShares MSCI China Multisector Tech ETF (NASDAQ:TCHI) Expands By 114.3%

iShares MSCI China Multisector Tech ETF (NASDAQ:TCHI) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 16,500 shares, an increase of 114.3% from the November 30th total of 7,700 shares. Based on an average daily trading volume, of 12,100 shares, the short-interest ratio is currently 1.4 days.

iShares MSCI China Multisector Tech ETF Stock Down 0.5 %

Shares of TCHI traded down $0.10 on Friday, hitting $18.35. 641 shares of the stock traded hands, compared to its average volume of 5,770. iShares MSCI China Multisector Tech ETF has a 1 year low of $14.00 and a 1 year high of $22.58. The stock’s 50 day moving average is $18.51 and its two-hundred day moving average is $17.16. The firm has a market capitalization of $7.34 million, a P/E ratio of 14.42 and a beta of 0.33.

iShares MSCI China Multisector Tech ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a dividend of $0.3793 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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.