Short Interest in iShares MSCI Malaysia ETF (NYSEARCA:EWM) Increases By 196.8%

iShares MSCI Malaysia ETF (NYSEARCA:EWM) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 526,116 shares, a growth of 196.8% from the May 31st total of 177,244 shares. Based on an average daily trading volume, of 374,214 shares, the days-to-cover ratio is presently 1.4 days. Approximately 4.2% of the shares of the company are short sold.

iShares MSCI Malaysia ETF Stock Performance

Shares of iShares MSCI Malaysia ETF stock traded up $0.12 during trading on Monday, hitting $27.03. 338,975 shares of the company’s stock were exchanged, compared to its average volume of 387,888. The business has a 50-day simple moving average of $28.72 and a 200-day simple moving average of $28.61. The stock has a market capitalization of $338.42 million, a price-to-earnings ratio of 14.29 and a beta of 0.46. iShares MSCI Malaysia ETF has a 52-week low of $23.48 and a 52-week high of $30.64.

Institutional Trading of iShares MSCI Malaysia ETF

Several hedge funds and other institutional investors have recently bought and sold shares of EWM. Jessup Wealth Management Inc acquired a new stake in iShares MSCI Malaysia ETF during the fourth quarter valued at $72,000. BOCHK Asset Management Ltd grew its position in shares of iShares MSCI Malaysia ETF by 250.0% in the fourth quarter. BOCHK Asset Management Ltd now owns 2,800 shares of the exchange traded fund’s stock valued at $77,000 after purchasing an additional 2,000 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of iShares MSCI Malaysia ETF in the 2nd quarter worth $84,000. AlphaCentric Advisors LLC acquired a new stake in iShares MSCI Malaysia ETF during the fourth quarter worth about $152,000. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of iShares MSCI Malaysia ETF during the 4th quarter worth approximately $161,000. 86.75% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Malaysia ETF Company Profile

iShares MSCI Malaysia ETF, formerly iShares MSCI Malaysia Index Fund (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 Malaysian market, as measured by the MSCI Malaysia Index (the Index). The Index seeks to measure the performance of the Malaysian equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.