iShares MSCI China Multisector Tech ETF (NASDAQ:TCHI) Short Interest Update

iShares MSCI China Multisector Tech ETF (NASDAQ:TCHI) was the target of a significant decline in short interest during the month of September. As of September 15th, there was short interest totalling 400 shares, a decline of 20.0% from the August 31st total of 500 shares. Based on an average daily volume of 2,500 shares, the short-interest ratio is currently 0.2 days.

iShares MSCI China Multisector Tech ETF Price Performance

iShares MSCI China Multisector Tech ETF stock traded up $0.85 during mid-day trading on Friday, hitting $18.64. The company’s stock had a trading volume of 44,806 shares, compared to its average volume of 4,212. The stock has a market cap of $7.46 million, a price-to-earnings ratio of 14.42 and a beta of 0.33. The business has a 50 day moving average price of $15.39 and a 200-day moving average price of $16.26. iShares MSCI China Multisector Tech ETF has a 12 month low of $14.00 and a 12 month high of $18.76.

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.