Short Interest in iShares MSCI Singapore ETF (NYSEARCA:EWS) Increases By 34.4%

iShares MSCI Singapore ETF (NYSEARCA:EWS) was the recipient of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 793,235 shares, an increase of 34.4% from the February 26th total of 590,328 shares. Currently, 2.9% of the shares of the company are short sold. Based on an average trading volume of 1,569,813 shares, the short-interest ratio is currently 0.5 days.

Institutional Trading of iShares MSCI Singapore ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sun Life Financial Inc. lifted its holdings in shares of iShares MSCI Singapore ETF by 0.7% during the fourth quarter. Sun Life Financial Inc. now owns 1,472,605 shares of the company’s stock worth $40,511,000 after buying an additional 10,446 shares during the last quarter. UBS Group AG grew its stake in shares of iShares MSCI Singapore ETF by 119.8% in the third quarter. UBS Group AG now owns 904,505 shares of the company’s stock worth $25,634,000 after acquiring an additional 492,982 shares during the last quarter. JPMorgan Chase & Co. increased its position in iShares MSCI Singapore ETF by 147.0% during the second quarter. JPMorgan Chase & Co. now owns 851,840 shares of the company’s stock worth $22,131,000 after acquiring an additional 506,960 shares during the period. Quadrature Capital Ltd increased its position in iShares MSCI Singapore ETF by 978.2% during the fourth quarter. Quadrature Capital Ltd now owns 559,475 shares of the company’s stock worth $15,391,000 after acquiring an additional 507,586 shares during the period. Finally, Millburn Ridgefield LLC DE raised its stake in iShares MSCI Singapore ETF by 3.8% during the 4th quarter. Millburn Ridgefield LLC DE now owns 475,622 shares of the company’s stock valued at $13,084,000 after purchasing an additional 17,568 shares during the last quarter. Institutional investors and hedge funds own 52.30% of the company’s stock.

iShares MSCI Singapore ETF Stock Performance

Shares of NYSEARCA:EWS traded up $0.07 during midday trading on Monday, hitting $27.65. The company’s stock had a trading volume of 823,250 shares, compared to its average volume of 980,986. The stock has a market capitalization of $753.46 million, a price-to-earnings ratio of 15.28 and a beta of 0.69. The stock’s 50 day simple moving average is $28.21 and its 200 day simple moving average is $28.21. iShares MSCI Singapore ETF has a fifty-two week low of $20.08 and a fifty-two week high of $29.65.

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).