Short Interest in iShares MSCI Singapore ETF (NYSEARCA:EWS) Increases By 19.4%

iShares MSCI Singapore ETF (NYSEARCA:EWS) was the recipient of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 548,756 shares, an increase of 19.4% from the January 29th total of 459,552 shares. Based on an average daily volume of 972,357 shares, the short-interest ratio is presently 0.6 days. Approximately 2.0% of the shares of the stock are short sold. Approximately 2.0% of the shares of the stock are short sold. Based on an average daily volume of 972,357 shares, the short-interest ratio is presently 0.6 days.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in EWS. Intesa Sanpaolo Wealth Management purchased a new stake in shares of iShares MSCI Singapore ETF in the 4th quarter valued at $28,000. Harbour Investments Inc. bought a new stake in iShares MSCI Singapore ETF in the fourth quarter worth $50,000. Kestra Advisory Services LLC bought a new stake in iShares MSCI Singapore ETF in the fourth quarter worth $109,000. Marvin & Palmer Associates Inc. purchased a new stake in iShares MSCI Singapore ETF during the second quarter valued at about $110,000. Finally, SBI Securities Co. Ltd. grew its stake in shares of iShares MSCI Singapore ETF by 16.3% during the second quarter. SBI Securities Co. Ltd. now owns 6,447 shares of the company’s stock valued at $167,000 after buying an additional 903 shares during the last quarter. 52.30% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Singapore ETF Trading Down 1.8%

Shares of iShares MSCI Singapore ETF stock opened at $27.26 on Friday. The firm has a market capitalization of $742.84 million, a PE ratio of 15.28 and a beta of 0.69. iShares MSCI Singapore ETF has a 12 month low of $20.08 and a 12 month high of $29.65. The business’s 50-day moving average price is $28.35 and its 200-day moving average price is $28.27.

iShares MSCI Singapore ETF Company Profile

iShares MSCI Singapore ETF, formerly iShares MSCI Singapore Index Fund (the Fund), is an exchange traded fund (ETF). The Funds seeks investment results that correspond to the price and yield performance of the MSCI Singapore Index (the Underlying Index). The Underlying Index consists of stocks traded primarily on the Singapore Stock Exchange. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. The Fund’s investment advisor is BlackRock Fund Advisors (BFA).