iShares MSCI Malaysia ETF (NYSEARCA:EWM) Sees Large Decline in Short Interest

iShares MSCI Malaysia ETF (NYSEARCA:EWM) saw a significant drop in short interest in August. As of August 14th, there was short interest totaling 229,129 shares, a drop of 62.5% from the July 30th total of 611,515 shares. Based on an average daily trading volume, of 255,665 shares, the short-interest ratio is currently 0.9 days. Approximately 2.0% of the company’s stock are sold short.

iShares MSCI Malaysia ETF Stock Performance

NYSEARCA EWM traded down $0.47 during trading on Friday, reaching $28.36. 349,104 shares of the company’s stock were exchanged, compared to its average volume of 348,795. The company has a 50 day moving average price of $27.81 and a two-hundred day moving average price of $28.59. The stock has a market cap of $327.56 million, a P/E ratio of 14.29 and a beta of 0.47. iShares MSCI Malaysia ETF has a 1 year low of $24.65 and a 1 year high of $30.64.

Institutional Investors Weigh In On iShares MSCI Malaysia ETF

Institutional investors have recently added to or reduced their stakes in the business. C M Bidwell & Associates Ltd. acquired a new position in iShares MSCI Malaysia ETF in the second quarter valued at approximately $37,000. Trust Co. of Vermont purchased a new stake in shares of iShares MSCI Malaysia ETF during the 2nd quarter worth approximately $58,000. Jessup Wealth Management Inc purchased a new stake in shares of iShares MSCI Malaysia ETF during the 4th quarter worth approximately $72,000. Raymond James Financial Inc. acquired a new position in shares of iShares MSCI Malaysia ETF in the 2nd quarter valued at $84,000. Finally, AlphaCentric Advisors LLC purchased a new position in shares of iShares MSCI Malaysia ETF in the 4th quarter valued at $152,000. Hedge funds and other institutional investors own 86.75% of the company’s stock.

iShares MSCI Malaysia ETF Company Profile

iShares MSCI Malaysia ETF, formerly iShares MSCI Malaysia Index Fund (the Fund), is an exchange-traded fund. The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Malaysian market, as measured by the MSCI Malaysia Index (the Index). The Index seeks to measure the performance of the Malaysian equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.