iShares MSCI South Korea Index Fund(ETF) (NYSE:EWY) was the recipient of a significant growth in short interest during the month of August. As of August 15th, there was short interest totalling 6,169,134 shares, a growth of 51.4% from the July 31st total of 4,074,054 shares. Based on an average daily volume of 2,713,332 shares, the days-to-cover ratio is currently 2.3 days.

Shares of iShares MSCI South Korea Index Fun (NYSE EWY) opened at 68.63 on Thursday. iShares MSCI South Korea Index Fun has a 52-week low of $51.94 and a 52-week high of $71.78. The company’s 50-day moving average price is $68.98 and its 200-day moving average price is $64.61.

A number of hedge funds and other institutional investors have recently bought and sold shares of EWY. Bessemer Group Inc. boosted its position in iShares MSCI South Korea Index Fund(ETF) by 57.6% in the second quarter. Bessemer Group Inc. now owns 58,197 shares of the exchange traded fund’s stock valued at $3,947,000 after buying an additional 21,261 shares in the last quarter. Pioneer Investment Management Inc. bought a new position in shares of iShares MSCI South Korea Index Fund(ETF) during the second quarter worth about $9,353,000. Main Management LLC boosted its position in shares of iShares MSCI South Korea Index Fund(ETF) by 11.0% in the second quarter. Main Management LLC now owns 42,583 shares of the exchange traded fund’s stock worth $2,888,000 after buying an additional 4,230 shares during the period. Advisors Preferred LLC boosted its position in shares of iShares MSCI South Korea Index Fund(ETF) by 261.1% in the second quarter. Advisors Preferred LLC now owns 4,268 shares of the exchange traded fund’s stock worth $289,000 after buying an additional 3,086 shares during the period. Finally, Airain ltd bought a new position in shares of iShares MSCI South Korea Index Fund(ETF) during the second quarter worth about $542,000.

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About iShares MSCI South Korea Index Fund(ETF)

iShares MSCI South Korea Capped ETF (the Fund) is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Korea 25/50 Index (the Index). The Index consists of stocks traded primarily on the Stock Market Division of the Korean Exchange.

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