iShares MSCI Singapore ETF (NYSEARCA:EWS) Short Interest Up 459.4% in May

iShares MSCI Singapore ETF (NYSEARCA:EWS) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 2,300,318 shares, a growth of 459.4% from the May 14th total of 411,218 shares. Based on an average trading volume of 779,757 shares, the short-interest ratio is currently 3.0 days. Approximately 8.2% of the shares of the stock are short sold.

iShares MSCI Singapore ETF Stock Up 2.1%

Shares of NYSEARCA:EWS traded up $0.60 during trading on Thursday, reaching $29.13. 839,610 shares of the company’s stock traded hands, compared to its average volume of 953,571. iShares MSCI Singapore ETF has a fifty-two week low of $24.84 and a fifty-two week high of $30.01. The firm has a market cap of $815.64 million, a PE ratio of 15.28 and a beta of 0.56. The company has a 50-day simple moving average of $29.04 and a 200-day simple moving average of $28.40.

Institutional Investors Weigh In On iShares MSCI Singapore ETF

A number of institutional investors have recently modified their holdings of EWS. Quadrature Capital Ltd grew its position in shares of iShares MSCI Singapore ETF by 978.2% during the 4th quarter. Quadrature Capital Ltd now owns 559,475 shares of the company’s stock valued at $15,391,000 after acquiring an additional 507,586 shares during the period. UBS Group AG boosted its holdings in iShares MSCI Singapore ETF by 119.8% in the 3rd quarter. UBS Group AG now owns 904,505 shares of the company’s stock worth $25,634,000 after buying an additional 492,982 shares during the last quarter. Jane Street Group LLC acquired a new stake in iShares MSCI Singapore ETF in the 4th quarter worth about $8,620,000. Sun Life Financial Inc. boosted its holdings in iShares MSCI Singapore ETF by 20.9% in the 3rd quarter. Sun Life Financial Inc. now owns 1,462,159 shares of the company’s stock worth $41,438,000 after buying an additional 252,559 shares during the last quarter. Finally, Rice Partnership LLC acquired a new stake in iShares MSCI Singapore ETF in the 1st quarter worth about $6,131,000. 52.30% of the stock is currently owned by institutional investors and hedge funds.

About iShares MSCI Singapore ETF

iShares MSCI Singapore ETF, formerly iShares MSCI Singapore Index Fund (the Fund), is an exchange traded fund (ETF). The Funds seeks investment results that correspond to the price and yield performance of the MSCI Singapore Index (the Underlying Index). The Underlying Index consists of stocks traded primarily on the Singapore Stock Exchange. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. The Fund’s investment advisor is BlackRock Fund Advisors (BFA).