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

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

iShares MSCI China Multisector Tech ETF Price Performance

Shares of TCHI traded down $0.01 during trading hours on Friday, reaching $18.36. 634 shares of the company’s stock traded hands, compared to its average volume of 5,770. The firm has a market capitalization of $7.34 million, a price-to-earnings ratio of 14.42 and a beta of 0.33. The business’s fifty day simple moving average is $18.52 and its two-hundred day simple moving average is $17.15. iShares MSCI China Multisector Tech ETF has a twelve month low of $14.00 and a twelve month high of $22.58.

iShares MSCI China Multisector Tech ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a $0.3793 dividend. 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.