iShares MSCI Philippines ETF (NYSEARCA:EPHE) Short Interest Update

iShares MSCI Philippines ETF (NYSEARCA:EPHE) saw a large decline in short interest in August. As of August 31st, there was short interest totaling 189,048 shares, a decline of 61.8% from the August 15th total of 494,309 shares. Approximately 3.4% of the company’s shares are short sold. Based on an average trading volume of 351,800 shares, the days-to-cover ratio is presently 0.5 days.

iShares MSCI Philippines ETF Trading Down 1.0%

NYSEARCA EPHE traded down $0.24 on Tuesday, hitting $23.90. 100,985 shares of the company were exchanged, compared to its average volume of 157,874. The company has a market cap of $133.84 million, a PE ratio of 10.44 and a beta of 0.53. iShares MSCI Philippines ETF has a 12 month low of $23.17 and a 12 month high of $28.40. The stock has a fifty day moving average of $25.10 and a 200-day moving average of $25.03.

Institutional Trading of iShares MSCI Philippines ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Sumitomo Mitsui Trust Group Inc. bought a new position in iShares MSCI Philippines ETF in the first quarter worth approximately $231,000. Sanctuary Advisors LLC increased its holdings in shares of iShares MSCI Philippines ETF by 3.5% during the first quarter. Sanctuary Advisors LLC now owns 36,093 shares of the company’s stock valued at $896,000 after acquiring an additional 1,225 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of iShares MSCI Philippines ETF by 24.2% during the first quarter. Bank of New York Mellon Corp now owns 38,312 shares of the company’s stock worth $951,000 after purchasing an additional 7,467 shares during the period. Finally, Hsbc Holdings PLC raised its position in shares of iShares MSCI Philippines ETF by 9.8% during the first quarter. Hsbc Holdings PLC now owns 111,797 shares of the company’s stock worth $2,776,000 after purchasing an additional 9,982 shares during the period.

About iShares MSCI Philippines ETF

The iShares MSCI Philippines ETF (EPHE) is an exchange-traded fund that is based on the MSCI Philippines IMI 25\u002F50 index, a free float-adjusted market-cap-weighted index of the broader Filipino equity market. EPHE was launched on Sep 28, 2010 and is managed by BlackRock.