iShares MSCI Malaysia ETF (NYSEARCA:EWM – Get Free Report) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 526,116 shares, a growth of 196.8% from the May 31st total of 177,244 shares. Currently, 4.2% of the shares of the company are short sold. Based on an average trading volume of 374,214 shares, the days-to-cover ratio is currently 1.4 days.
Institutional Investors Weigh In On iShares MSCI Malaysia ETF
A number of institutional investors and hedge funds have recently made changes to their positions in the business. UBS Group AG boosted its stake in shares of iShares MSCI Malaysia ETF by 175.8% during the third quarter. UBS Group AG now owns 707,500 shares of the exchange traded fund’s stock worth $18,338,000 after buying an additional 451,008 shares during the period. Sun Life Financial Inc. purchased a new stake in shares of iShares MSCI Malaysia ETF during the 4th quarter worth approximately $10,320,000. Breakout Capital Partners LP raised its holdings in iShares MSCI Malaysia ETF by 52.3% during the third quarter. Breakout Capital Partners LP now owns 783,676 shares of the exchange traded fund’s stock worth $20,313,000 after purchasing an additional 269,200 shares during the last quarter. Citigroup Inc. raised its holdings in iShares MSCI Malaysia ETF by 164.8% during the third quarter. Citigroup Inc. now owns 418,120 shares of the exchange traded fund’s stock worth $10,838,000 after purchasing an additional 260,199 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of iShares MSCI Malaysia ETF by 118.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 377,851 shares of the exchange traded fund’s stock worth $9,794,000 after buying an additional 204,553 shares during the last quarter. 86.75% of the stock is owned by hedge funds and other institutional investors.
iShares MSCI Malaysia ETF Stock Up 1.0%
NYSEARCA:EWM traded up $0.27 during trading hours on Friday, reaching $26.91. 147,310 shares of the company’s stock were exchanged, compared to its average volume of 388,292. The firm has a market capitalization of $336.91 million, a price-to-earnings ratio of 14.29 and a beta of 0.46. The company has a 50-day moving average of $28.75 and a 200 day moving average of $28.59. iShares MSCI Malaysia ETF has a 1-year low of $23.48 and a 1-year high of $30.64.
About iShares MSCI Malaysia ETF
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.
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