Short Interest in iShares MSCI Malaysia ETF (NYSEARCA:EWM) Declines By 38.1%

iShares MSCI Malaysia ETF (NYSEARCA:EWM) was the target of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 325,726 shares, a decline of 38.1% from the June 15th total of 526,116 shares. Based on an average daily trading volume, of 285,648 shares, the days-to-cover ratio is currently 1.1 days. Currently, 3.0% of the shares of the company are sold short.

iShares MSCI Malaysia ETF Trading Up 0.6%

NYSEARCA:EWM opened at $28.00 on Friday. The firm has a market capitalization of $308.56 million, a PE ratio of 14.29 and a beta of 0.47. iShares MSCI Malaysia ETF has a 1 year low of $23.48 and a 1 year high of $30.64. The firm’s fifty day simple moving average is $28.16 and its 200 day simple moving average is $28.63.

Hedge Funds Weigh In On iShares MSCI Malaysia ETF

Several large investors have recently made changes to their positions in the business. State of Tennessee Department of Treasury boosted its stake in iShares MSCI Malaysia ETF by 0.8% during the 2nd quarter. State of Tennessee Department of Treasury now owns 2,475,806 shares of the exchange traded fund’s stock valued at $60,261,000 after purchasing an additional 20,287 shares during the period. UBS Group AG increased its position in iShares MSCI Malaysia ETF by 175.8% in the 3rd quarter. UBS Group AG now owns 707,500 shares of the exchange traded fund’s stock worth $18,338,000 after buying an additional 451,008 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of iShares MSCI Malaysia ETF by 2.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 562,939 shares of the exchange traded fund’s stock worth $15,402,000 after buying an additional 11,472 shares during the last quarter. Whitcomb & Hess Inc. lifted its holdings in shares of iShares MSCI Malaysia ETF by 4.1% during the second quarter. Whitcomb & Hess Inc. now owns 384,472 shares of the exchange traded fund’s stock worth $10,362,000 after buying an additional 15,051 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of iShares MSCI Malaysia ETF by 0.6% during the fourth quarter. JPMorgan Chase & Co. now owns 380,111 shares of the exchange traded fund’s stock worth $10,400,000 after buying an additional 2,260 shares during the last quarter. Institutional investors and hedge funds own 86.75% of the company’s stock.

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.