iShares MSCI Hong Kong ETF (NYSEARCA:EWH) Stock Short Interest Jumps 403.0%

iShares MSCI Hong Kong ETF (NYSEARCA:EWH) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 6,120,340 shares, an increase of 403.0% from the September 15th total of 1,216,808 shares. Currently, 11.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,844,738 shares, the short-interest ratio is currently 2.2 days.

iShares MSCI Hong Kong ETF Price Performance

iShares MSCI Hong Kong ETF stock traded up $0.34 during mid-day trading on Friday, reaching $22.06. The company had a trading volume of 3,729,642 shares, compared to its average volume of 3,897,873. The stock’s 50-day simple moving average is $22.57 and its 200-day simple moving average is $22.65. iShares MSCI Hong Kong ETF has a 1 year low of $20.60 and a 1 year high of $24.66. The company has a market capitalization of $1.18 billion, a P/E ratio of 14.69 and a beta of 0.37.

Hedge Funds Weigh In On iShares MSCI Hong Kong ETF

Several hedge funds have recently bought and sold shares of EWH. Vertex Investment Solutions Co. Ltd. boosted its position in iShares MSCI Hong Kong ETF by 307.4% during the second quarter. Vertex Investment Solutions Co. Ltd. now owns 77,400 shares of the exchange traded fund’s stock worth $1,627,000 after purchasing an additional 58,400 shares in the last quarter. Hsbc Holdings PLC increased its position in shares of iShares MSCI Hong Kong ETF by 63.0% in the first quarter. Hsbc Holdings PLC now owns 254,486 shares of the exchange traded fund’s stock valued at $5,876,000 after buying an additional 98,331 shares in the last quarter. Millburn Ridgefield LLC DE increased its position in shares of iShares MSCI Hong Kong ETF by 11.8% in the first quarter. Millburn Ridgefield LLC DE now owns 714,153 shares of the exchange traded fund’s stock valued at $16,490,000 after buying an additional 75,568 shares in the last quarter. Royal Bank of Canada increased its position in shares of iShares MSCI Hong Kong ETF by 38.9% in the first quarter. Royal Bank of Canada now owns 357,742 shares of the exchange traded fund’s stock valued at $8,259,000 after buying an additional 100,243 shares in the last quarter. Finally, Catalyst Capital Advisors LLC raised its stake in shares of iShares MSCI Hong Kong ETF by 11.8% during the 1st quarter. Catalyst Capital Advisors LLC now owns 714,153 shares of the exchange traded fund’s stock worth $16,490,000 after buying an additional 75,568 shares during the last quarter. 50.59% of the stock is owned by hedge funds and other institutional investors.

About iShares MSCI Hong Kong ETF

iShares MSCI Hong Kong Index Fund, formerly Shares MSCI Hong Kong ETF, (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 Hong Kong market, as measured by the MSCI Hong Kong Index (the Index). The Index consists of stocks traded primarily on the Stock Exchange of Hong Kong Limited. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.