iShares MSCI Philippines ETF (NYSEARCA:EPHE) Short Interest Down 61.8% in August

iShares MSCI Philippines ETF (NYSEARCA:EPHE) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 189,048 shares, a decrease of 61.8% from the August 15th total of 494,309 shares. Approximately 3.4% of the shares of the company are short sold. Based on an average trading volume of 351,800 shares, the short-interest ratio is presently 0.5 days.

iShares MSCI Philippines ETF Price Performance

EPHE traded down $0.06 during trading hours on Friday, hitting $24.12. 72,564 shares of the stock were exchanged, compared to its average volume of 158,744. The stock has a market cap of $135.07 million, a price-to-earnings ratio of 10.44 and a beta of 0.53. The stock has a 50-day simple moving average of $25.11 and a 200-day simple moving average of $25.07. iShares MSCI Philippines ETF has a 12 month low of $23.17 and a 12 month high of $28.40.

Institutional Investors Weigh In On iShares MSCI Philippines ETF

A number of institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. bought a new position in iShares MSCI Philippines ETF in the second quarter worth about $30,000. Stelac Advisory Services LLC acquired a new stake in shares of iShares MSCI Philippines ETF during the 4th quarter worth approximately $104,000. Amundi bought a new stake in shares of iShares MSCI Philippines ETF in the 2nd quarter worth approximately $222,000. Sumitomo Mitsui Trust Group Inc. bought a new stake in shares of iShares MSCI Philippines ETF in the 1st quarter worth approximately $231,000. Finally, Orion Porfolio Solutions LLC boosted its position in iShares MSCI Philippines ETF by 5.3% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 8,674 shares of the company’s stock valued at $235,000 after purchasing an additional 440 shares during the period.

iShares MSCI Philippines ETF Company Profile

The iShares MSCI Philippines ETF (EPHE) is an exchange-traded fund that is based on the MSCI Philippines IMI 25\u002F50 index, a free float-adjusted market-cap-weighted index of the broader Filipino equity market. EPHE was launched on Sep 28, 2010 and is managed by BlackRock.