iShares MSCI Philippines ETF (NYSEARCA:EPHE) Sees Large Increase in Short Interest

iShares MSCI Philippines ETF (NYSEARCA:EPHE) was the target of a significant increase in short interest in February. As of February 27th, there was short interest totaling 109,236 shares, an increase of 220.5% from the February 12th total of 34,078 shares. Currently, 1.8% of the shares of the company are sold short. Based on an average trading volume of 149,472 shares, the short-interest ratio is presently 0.7 days. Based on an average trading volume of 149,472 shares, the short-interest ratio is presently 0.7 days. Currently, 1.8% of the shares of the company are sold short.

iShares MSCI Philippines ETF Stock Performance

EPHE traded down $0.10 during trading on Friday, reaching $24.97. The company’s stock had a trading volume of 144,537 shares, compared to its average volume of 189,357. The company has a market capitalization of $152.32 million, a price-to-earnings ratio of 10.44 and a beta of 0.61. The company’s fifty day moving average price is $26.43 and its 200-day moving average price is $25.57. iShares MSCI Philippines ETF has a 52-week low of $23.17 and a 52-week high of $28.40.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of EPHE. Graham Capital Management L.P. acquired a new stake in iShares MSCI Philippines ETF in the fourth quarter valued at $3,030,000. Orion Porfolio Solutions LLC grew its stake in shares of iShares MSCI Philippines ETF by 10.0% during the 4th quarter. Orion Porfolio Solutions LLC now owns 9,913 shares of the company’s stock worth $247,000 after purchasing an additional 901 shares during the period. Stelac Advisory Services LLC purchased a new position in shares of iShares MSCI Philippines ETF in the 4th quarter valued at about $104,000. Carrera Capital Advisors increased its holdings in shares of iShares MSCI Philippines ETF by 4.7% in the 4th quarter. Carrera Capital Advisors now owns 104,662 shares of the company’s stock valued at $2,608,000 after purchasing an additional 4,726 shares in the last quarter. Finally, Susquehanna International Group LLP acquired a new stake in shares of iShares MSCI Philippines ETF in the third quarter valued at about $352,000.

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.