Short Interest in iShares MSCI Singapore ETF (NYSEARCA:EWS) Rises By 19.4%

iShares MSCI Singapore ETF (NYSEARCA:EWS) was the recipient of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 548,756 shares, an increase of 19.4% from the January 29th total of 459,552 shares. Based on an average daily volume of 972,357 shares, the short-interest ratio is presently 0.6 days. Approximately 2.0% of the shares of the company are sold short. Approximately 2.0% of the shares of the company are sold short. Based on an average daily volume of 972,357 shares, the short-interest ratio is presently 0.6 days.

Hedge Funds Weigh In On iShares MSCI Singapore ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of EWS. Invesco Ltd. bought a new stake in shares of iShares MSCI Singapore ETF in the 4th quarter worth approximately $217,000. Zacks Investment Management grew its stake in iShares MSCI Singapore ETF by 217.5% during the 4th quarter. Zacks Investment Management now owns 60,163 shares of the company’s stock worth $1,655,000 after buying an additional 41,214 shares during the last quarter. Wellington Management Group LLP increased its position in iShares MSCI Singapore ETF by 1.3% in the fourth quarter. Wellington Management Group LLP now owns 403,344 shares of the company’s stock worth $11,096,000 after buying an additional 4,980 shares during the period. Quadrature Capital Ltd lifted its stake in iShares MSCI Singapore ETF by 978.2% in the fourth quarter. Quadrature Capital Ltd now owns 559,475 shares of the company’s stock valued at $15,391,000 after buying an additional 507,586 shares during the last quarter. Finally, OLD Mission Capital LLC bought a new stake in iShares MSCI Singapore ETF in the fourth quarter valued at $1,873,000. 52.30% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Singapore ETF Stock Performance

Shares of iShares MSCI Singapore ETF stock traded down $0.09 during trading hours on Wednesday, reaching $27.77. The company’s stock had a trading volume of 1,609,036 shares, compared to its average volume of 902,956. iShares MSCI Singapore ETF has a one year low of $20.08 and a one year high of $29.65. The company’s 50 day simple moving average is $28.35 and its 200 day simple moving average is $28.28. The stock has a market cap of $756.73 million, a P/E ratio of 15.28 and a beta of 0.69.

iShares MSCI Singapore ETF Company Profile

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).