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

iShares MSCI Malaysia ETF (NYSEARCA:EWM) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 611,515 shares, an increase of 90.4% from the July 15th total of 321,146 shares. Currently, 5.3% of the company’s stock are sold short. Based on an average trading volume of 268,012 shares, the days-to-cover ratio is currently 2.3 days.

iShares MSCI Malaysia ETF Trading Down 0.6%

EWM traded down $0.16 during midday trading on Friday, reaching $28.00. The company’s stock had a trading volume of 120,630 shares, compared to its average volume of 357,578. The stock has a market cap of $323.40 million, a P/E ratio of 14.29 and a beta of 0.47. The company has a fifty day simple moving average of $27.67 and a 200 day simple moving average of $28.65. iShares MSCI Malaysia ETF has a twelve month low of $24.65 and a twelve month high of $30.64.

Hedge Funds Weigh In On iShares MSCI Malaysia ETF

Several institutional investors have recently added to or reduced their stakes in EWM. C M Bidwell & Associates Ltd. acquired a new position in iShares MSCI Malaysia ETF in the second quarter worth $37,000. Trust Co. of Vermont bought a new position in shares of iShares MSCI Malaysia ETF in the second quarter valued at about $58,000. Jessup Wealth Management Inc bought a new position in shares of iShares MSCI Malaysia ETF in the fourth quarter valued at about $72,000. Raymond James Financial Inc. acquired a new position in iShares MSCI Malaysia ETF during the 2nd quarter worth about $84,000. Finally, AlphaCentric Advisors LLC acquired a new position in iShares MSCI Malaysia ETF during the 4th quarter worth about $152,000. 86.75% of the stock is owned by institutional investors.

About iShares MSCI Malaysia ETF

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.