iShares MSCI Malaysia ETF (NYSEARCA:EWM) Short Interest Update

iShares MSCI Malaysia ETF (NYSEARCA:EWM) saw a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 325,726 shares, a decline of 38.1% from the June 15th total of 526,116 shares. Based on an average daily volume of 285,648 shares, the days-to-cover ratio is currently 1.1 days. Currently, 3.0% of the company’s stock are short sold.

Institutional Trading of iShares MSCI Malaysia ETF

Hedge funds have recently made changes to their positions in the stock. Jessup Wealth Management Inc acquired a new position in iShares MSCI Malaysia ETF in the 4th quarter valued at approximately $72,000. BOCHK Asset Management Ltd boosted its position in iShares MSCI Malaysia ETF by 250.0% during the fourth quarter. BOCHK Asset Management Ltd now owns 2,800 shares of the exchange traded fund’s stock valued at $77,000 after purchasing an additional 2,000 shares during the last quarter. Raymond James Financial Inc. purchased a new position in iShares MSCI Malaysia ETF in the second quarter valued at about $84,000. AlphaCentric Advisors LLC purchased a new position in iShares MSCI Malaysia ETF in the fourth quarter valued at about $152,000. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of iShares MSCI Malaysia ETF during the 4th quarter worth about $161,000. 86.75% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Malaysia ETF Stock Up 0.6%

Shares of iShares MSCI Malaysia ETF stock opened at $28.00 on Friday. iShares MSCI Malaysia ETF has a 12 month low of $23.48 and a 12 month high of $30.64. The stock has a market cap of $308.56 million, a PE ratio of 14.29 and a beta of 0.47. The business has a fifty day simple moving average of $28.16 and a 200-day simple moving average of $28.63.

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.