iShares MSCI Malaysia ETF (NYSEARCA:EWM – Get Free Report) saw a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 611,515 shares, a growth of 90.4% from the July 15th total of 321,146 shares. Approximately 5.3% of the shares of the company are short sold. Based on an average daily trading volume, of 268,012 shares, the days-to-cover ratio is presently 2.3 days.
iShares MSCI Malaysia ETF Stock Performance
Shares of EWM stock traded down $0.16 during midday trading on Friday, reaching $28.00. 120,630 shares of the company were exchanged, compared to its average volume of 357,578. The company’s 50 day moving average price is $27.67 and its two-hundred day moving average price is $28.65. The company has a market cap of $323.40 million, a P/E ratio of 14.29 and a beta of 0.47. iShares MSCI Malaysia ETF has a 12 month low of $24.65 and a 12 month high of $30.64.
Institutional Trading of iShares MSCI Malaysia ETF
Several hedge funds and other institutional investors have recently modified their holdings of the business. State of Tennessee Department of Treasury grew its holdings in shares of iShares MSCI Malaysia ETF by 0.8% during the 2nd quarter. State of Tennessee Department of Treasury now owns 2,475,806 shares of the exchange traded fund’s stock valued at $60,261,000 after acquiring an additional 20,287 shares in the last quarter. UBS Group AG raised its holdings 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 acquiring an additional 451,008 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in iShares MSCI Malaysia ETF by 2.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 562,939 shares of the exchange traded fund’s stock valued at $15,402,000 after purchasing an additional 11,472 shares during the last quarter. Whitcomb & Hess Inc. boosted its position in iShares MSCI Malaysia ETF by 4.1% during the second quarter. Whitcomb & Hess Inc. now owns 384,472 shares of the exchange traded fund’s stock valued at $10,362,000 after purchasing an additional 15,051 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its position in iShares MSCI Malaysia ETF by 0.6% during the fourth quarter. JPMorgan Chase & Co. now owns 380,111 shares of the exchange traded fund’s stock valued at $10,400,000 after purchasing an additional 2,260 shares during the last quarter. Institutional investors and hedge funds 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.
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