iShares MSCI China Multisector Tech ETF (NASDAQ:TCHI) Short Interest Down 31.3% in May

Posted by James Quigley on Jun 17th, 2025

iShares MSCI China Multisector Tech ETF (NASDAQ:TCHI – Get Free Report) saw a significant drop in short interest in the month of May. As of May 31st, there was short interest totalling 7,900 shares, a drop of 31.3% from the May 15th total of 11,500 shares. Currently, 0.7% of the shares of the company are short sold. Based on an average daily volume of 36,400 shares, the days-to-cover ratio is presently 0.2 days.

iShares MSCI China Multisector Tech ETF Trading Up 1.7%

Shares of NASDAQ:TCHI opened at $19.23 on Tuesday. The firm’s 50 day moving average is $18.62 and its two-hundred day moving average is $19.06. iShares MSCI China Multisector Tech ETF has a 52 week low of $14.63 and a 52 week high of $22.58. The firm has a market capitalization of $23.08 million, a P/E ratio of 17.16 and a beta of 0.33.

iShares MSCI China Multisector Tech ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, June 20th. Investors of record on Monday, June 16th will be paid a dividend of $0.1083 per share. The ex-dividend date is Monday, June 16th.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in TCHI. Garde Capital Inc. acquired a new position in shares of iShares MSCI China Multisector Tech ETF during the first quarter valued at approximately $90,000. OLD Mission Capital LLC acquired a new position in shares of iShares MSCI China Multisector Tech ETF during the fourth quarter valued at approximately $338,000. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of iShares MSCI China Multisector Tech ETF during the first quarter valued at approximately $4,137,000.

About iShares MSCI China Multisector Tech ETF

(Get Free Report)

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.