iShares MSCI Malaysia ETF (NYSEARCA:EWM) Sees Significant Decline in Short Interest

iShares MSCI Malaysia ETF (NYSEARCA:EWM) was the target of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 229,129 shares, a decrease of 62.5% from the July 30th total of 611,515 shares. Based on an average trading volume of 255,665 shares, the days-to-cover ratio is currently 0.9 days. Currently, 2.0% of the company’s stock are sold short.

Hedge Funds Weigh In On iShares MSCI Malaysia ETF

Several hedge funds and other institutional investors have recently made changes to their positions in EWM. State of Tennessee Department of Treasury increased its stake in shares of iShares MSCI Malaysia ETF by 0.8% during the second quarter. State of Tennessee Department of Treasury now owns 2,475,806 shares of the exchange traded fund’s stock worth $60,261,000 after buying an additional 20,287 shares during the period. UBS Group AG grew its holdings in iShares MSCI Malaysia ETF by 175.8% during the 3rd 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. grew its holdings in iShares MSCI Malaysia ETF by 2.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 562,939 shares of the exchange traded fund’s stock worth $15,402,000 after acquiring an additional 11,472 shares in the last quarter. Whitcomb & Hess Inc. increased its position in shares of iShares MSCI Malaysia ETF by 4.1% in the 2nd 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. increased its position in shares of iShares MSCI Malaysia ETF by 0.6% in the 4th 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. Hedge funds and other institutional investors own 86.75% of the company’s stock.

iShares MSCI Malaysia ETF Trading Down 1.6%

NYSEARCA:EWM traded down $0.47 during midday trading on Friday, reaching $28.36. The company had a trading volume of 349,104 shares, compared to its average volume of 348,795. The firm has a market capitalization of $327.56 million, a price-to-earnings ratio of 14.29 and a beta of 0.47. The stock’s fifty day simple moving average is $27.81 and its 200-day simple moving average is $28.59. iShares MSCI Malaysia ETF has a 12-month low of $24.65 and a 12-month high of $30.64.

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.