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

iShares MSCI China Multisector Tech ETF (NASDAQ:TCHI) was the recipient of a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 9,200 shares, a drop of 20.0% from the October 31st total of 11,500 shares. Based on an average daily volume of 9,900 shares, the short-interest ratio is currently 0.9 days.

iShares MSCI China Multisector Tech ETF Stock Performance

Shares of TCHI traded up $0.19 during midday trading on Friday, hitting $18.38. 3,544 shares of the stock were exchanged, compared to its average volume of 5,589. iShares MSCI China Multisector Tech ETF has a 52-week low of $14.00 and a 52-week high of $22.58. The stock has a fifty day simple moving average of $18.73 and a 200 day simple moving average of $17.02. The firm has a market cap of $7.35 million, a P/E ratio of 14.42 and a beta of 0.33.

iShares MSCI China Multisector Tech ETF Company Profile

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.