iShares MSCI Turkey ETF (NASDAQ:TUR) Short Interest Up 31.1% in September

iShares MSCI Turkey ETF (NASDAQ:TUR) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totalling 371,000 shares, an increase of 31.1% from the August 31st total of 282,900 shares. Based on an average daily trading volume, of 96,500 shares, the short-interest ratio is currently 3.8 days.

Institutional Investors Weigh In On iShares MSCI Turkey ETF

A number of institutional investors have recently bought and sold shares of TUR. OLD Mission Capital LLC acquired a new position in shares of iShares MSCI Turkey ETF in the 1st quarter valued at $5,503,000. Sepio Capital LP acquired a new position in iShares MSCI Turkey ETF in the second quarter valued at $2,599,000. Bricktown Capital LLC acquired a new position in iShares MSCI Turkey ETF in the second quarter valued at $1,242,000. Waycross Investment Management Co purchased a new stake in iShares MSCI Turkey ETF during the second quarter valued at about $1,194,000. Finally, Sanctuary Advisors LLC acquired a new stake in iShares MSCI Turkey ETF during the second quarter worth about $793,000. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Turkey ETF Price Performance

TUR opened at $36.78 on Friday. iShares MSCI Turkey ETF has a 12 month low of $31.55 and a 12 month high of $44.41. The business has a 50-day moving average of $38.35 and a two-hundred day moving average of $39.59. The stock has a market capitalization of $211.49 million, a price-to-earnings ratio of 5.50 and a beta of 0.68.

About iShares MSCI Turkey ETF

iShares MSCI Turkey ETF (the Fund), formerly The iShares MSCI Turkey Investable Market Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI Turkey Investable Market Index (the Underlying Index). The Underlying Index is a free float-adjusted market capitalization index designed to measure equity market performance in Turkey.