Short Interest in iShares FTSE/Xinhua China 25 Index (FXI) Decreases By 29.1%

iShares FTSE/Xinhua China 25 Index (NYSEARCA:FXI) was the recipient of a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 16,082,636 shares, a decline of 29.1% from the February 15th total of 22,685,452 shares. Based on an average daily trading volume, of 22,807,962 shares, the short-interest ratio is currently 0.7 days.

A number of hedge funds have recently modified their holdings of the business. Contravisory Investment Management Inc. bought a new stake in shares of iShares FTSE/Xinhua China 25 Index during the 4th quarter worth about $102,000. Financial Gravity Companies Inc. bought a new stake in iShares FTSE/Xinhua China 25 Index during the 4th quarter valued at approximately $117,000. Macquarie Group Ltd. bought a new stake in iShares FTSE/Xinhua China 25 Index during the 3rd quarter valued at approximately $123,000. Mandatum Life Insurance Co Ltd bought a new stake in iShares FTSE/Xinhua China 25 Index during the 4th quarter valued at approximately $169,000. Finally, FNY Managed Accounts LLC bought a new stake in iShares FTSE/Xinhua China 25 Index during the 4th quarter valued at approximately $198,000.

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FXI stock traded down $1.02 during mid-day trading on Friday, hitting $45.97. The stock had a trading volume of 32,534,012 shares, compared to its average volume of 25,255,018. iShares FTSE/Xinhua China 25 Index has a 1-year low of $37.51 and a 1-year high of $54.00.

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About iShares FTSE/Xinhua China 25 Index

iShares China Large-Cap ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE China 25 Index (the Underlying Index). The Fund’s portfolio of sectors include Financials, Telecommunication, Oil & gas, Technology and Consumer goods.

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