Short Interest in iShares MSCI Malaysia ETF (NYSEARCA:EWM) Decreases By 62.5%

iShares MSCI Malaysia ETF (NYSEARCA:EWM) was the target of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 229,129 shares, a decline of 62.5% from the July 30th total of 611,515 shares. Based on an average daily volume of 255,665 shares, the days-to-cover ratio is currently 0.9 days. Currently, 2.0% of the company’s shares are sold short.

iShares MSCI Malaysia ETF Stock Performance

EWM traded down $0.47 on Friday, reaching $28.36. 432,258 shares of the company’s stock were exchanged, compared to its average volume of 349,315. iShares MSCI Malaysia ETF has a twelve month low of $24.65 and a twelve month high of $30.64. The company’s 50 day moving average is $27.83 and its 200-day moving average is $28.58. The company has a market cap of $327.56 million, a price-to-earnings ratio of 14.29 and a beta of 0.47.

Hedge Funds Weigh In On iShares MSCI Malaysia ETF

Hedge funds have recently made changes to their positions in the business. State of Tennessee Department of Treasury boosted its position 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 worth $60,261,000 after purchasing an additional 20,287 shares during the period. UBS Group AG raised its position in iShares MSCI Malaysia ETF by 175.8% in the third quarter. UBS Group AG now owns 707,500 shares of the exchange traded fund’s stock valued at $18,338,000 after purchasing an additional 451,008 shares during the period. Goldman Sachs Group Inc. lifted its stake 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 purchasing an additional 11,472 shares in the last quarter. Whitcomb & Hess Inc. lifted its stake 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 purchasing an additional 15,051 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of iShares MSCI Malaysia ETF by 0.6% in 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 period. Hedge funds and other institutional investors own 86.75% of the company’s stock.

About iShares MSCI Malaysia ETF

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.