iShares MSCI Malaysia ETF (NYSEARCA:EWM) Stock Short Interest Climbs 198.4%

iShares MSCI Malaysia ETF (NYSEARCA:EWM) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 1,532,744 shares, an increase of 198.4% from the September 15th total of 513,700 shares. Currently, 15.5% of the company’s stock are short sold. Based on an average trading volume of 189,648 shares, the days-to-cover ratio is presently 8.1 days.

Institutional Investors Weigh In On iShares MSCI Malaysia ETF

Several institutional investors have recently added to or reduced their stakes in EWM. Whitcomb & Hess Inc. acquired a new position in shares of iShares MSCI Malaysia ETF in the 3rd quarter valued at $10,821,000. Cullen Capital Management LLC purchased a new position in shares of iShares MSCI Malaysia ETF during the second quarter worth about $312,000. NewEdge Advisors LLC acquired a new position in shares of iShares MSCI Malaysia ETF in the first quarter valued at approximately $364,000. Bank of America Corp DE increased its stake in iShares MSCI Malaysia ETF by 118.4% in the 1st quarter. Bank of America Corp DE now owns 64,049 shares of the exchange traded fund’s stock valued at $1,820,000 after buying an additional 34,724 shares during the period. Finally, Royal Bank of Canada increased its stake in shares of iShares MSCI Malaysia ETF by 506.5% during the first quarter. Royal Bank of Canada now owns 75,987 shares of the exchange traded fund’s stock worth $2,159,000 after acquiring an additional 63,459 shares during the period. Hedge funds and other institutional investors own 86.75% of the company’s stock.

iShares MSCI Malaysia ETF Trading Up 0.6%

iShares MSCI Malaysia ETF stock opened at $26.96 on Wednesday. iShares MSCI Malaysia ETF has a 12-month low of $25.41 and a 12-month high of $30.64. The stock has a market cap of $258.82 million, a P/E ratio of 14.29 and a beta of 0.46. The company has a fifty day simple moving average of $27.83 and a 200-day simple moving average of $28.19.

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.