iShares MSCI Malaysia ETF (NYSEARCA:EWM) Short Interest Update

iShares MSCI Malaysia ETF (NYSEARCA:EWM) was the target of a large decrease in short interest in May. As of May 29th, there was short interest totaling 177,244 shares, a decrease of 80.0% from the May 14th total of 886,716 shares. Currently, 1.4% of the company’s stock are sold short. Based on an average daily volume of 276,894 shares, the days-to-cover ratio is currently 0.6 days.

iShares MSCI Malaysia ETF Trading Down 0.3%

EWM traded down $0.07 on Wednesday, hitting $27.64. 649,296 shares of the company’s stock were exchanged, compared to its average volume of 399,013. The stock has a fifty day moving average of $29.03 and a two-hundred day moving average of $28.52. iShares MSCI Malaysia ETF has a twelve month low of $23.34 and a twelve month high of $30.64. The firm has a market cap of $346.05 million, a PE ratio of 14.29 and a beta of 0.46.

Hedge Funds Weigh In On iShares MSCI Malaysia ETF

Large investors have recently bought and sold shares of the business. Jessup Wealth Management Inc bought a new position in iShares MSCI Malaysia ETF in the fourth quarter worth about $72,000. BOCHK Asset Management Ltd lifted its holdings in iShares MSCI Malaysia ETF by 250.0% in the fourth quarter. BOCHK Asset Management Ltd now owns 2,800 shares of the exchange traded fund’s stock worth $77,000 after acquiring an additional 2,000 shares during the last quarter. Raymond James Financial Inc. bought a new position in iShares MSCI Malaysia ETF in the second quarter worth about $84,000. AlphaCentric Advisors LLC bought a new position in iShares MSCI Malaysia ETF in the fourth quarter worth about $152,000. Finally, Mirae Asset Global Investments Co. Ltd. bought a new position in iShares MSCI Malaysia ETF in the fourth quarter worth about $161,000. Institutional investors own 86.75% of the company’s stock.

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.