iShares MSCI Malaysia ETF (NYSEARCA:EWM) Shares Shorted: Short Interest Up 84.8% in October

iShares MSCI Malaysia ETF (NYSEARCA:EWM) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totaling 2,832,963 shares, an increase of 84.8% from the September 30th total of 1,532,744 shares. Currently, 33.1% of the company’s stock are short sold. Based on an average trading volume of 155,620 shares, the days-to-cover ratio is currently 18.2 days.

iShares MSCI Malaysia ETF Stock Performance

iShares MSCI Malaysia ETF stock opened at $26.87 on Friday. The stock has a market cap of $229.74 million, a P/E ratio of 14.29 and a beta of 0.46. The firm’s fifty day moving average price is $27.44 and its 200-day moving average price is $28.33. iShares MSCI Malaysia ETF has a fifty-two week low of $25.80 and a fifty-two week high of $30.64.

Institutional Trading of iShares MSCI Malaysia ETF

Hedge funds have recently made changes to their positions in the business. Whitcomb & Hess Inc. bought a new stake in iShares MSCI Malaysia ETF during the 3rd quarter valued at $10,821,000. Catalyst Capital Advisors LLC raised its position in iShares MSCI Malaysia ETF by 5.1% in the 1st quarter. Catalyst Capital Advisors LLC now owns 216,707 shares of the exchange traded fund’s stock valued at $6,157,000 after purchasing an additional 10,525 shares in the last quarter. Oppenheimer & Co. Inc. purchased a new stake in shares of iShares MSCI Malaysia ETF in the third quarter valued at about $2,891,000. Royal Bank of Canada raised its stake in shares of iShares MSCI Malaysia ETF by 506.5% during the 1st quarter. Royal Bank of Canada now owns 75,987 shares of the exchange traded fund’s stock worth $2,159,000 after buying an additional 63,459 shares during the last quarter. Finally, Bank of America Corp DE increased its holdings in shares of iShares MSCI Malaysia ETF by 118.4% during the 1st quarter. Bank of America Corp DE now owns 64,049 shares of the exchange traded fund’s stock worth $1,820,000 after buying an additional 34,724 shares during the last quarter. 86.75% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Malaysia ETF Company Profile

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.