iShares MSCI Philippines ETF (NYSEARCA:EPHE – Get Free Report) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 189,048 shares, a decline of 61.8% from the August 15th total of 494,309 shares. Based on an average trading volume of 351,800 shares, the days-to-cover ratio is presently 0.5 days. Currently, 3.4% of the shares of the company are sold short.
iShares MSCI Philippines ETF Stock Performance
Shares of iShares MSCI Philippines ETF stock traded down $0.06 during trading on Friday, hitting $24.12. 72,564 shares of the stock were exchanged, compared to its average volume of 158,744. iShares MSCI Philippines ETF has a 12 month low of $23.17 and a 12 month high of $28.40. The stock’s fifty day moving average is $25.11 and its 200 day moving average is $25.07. The stock has a market cap of $135.07 million, a PE ratio of 10.44 and a beta of 0.53.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of EPHE. Bank of New York Mellon Corp raised its holdings in shares of iShares MSCI Philippines ETF by 24.2% during the first quarter. Bank of New York Mellon Corp now owns 38,312 shares of the company’s stock valued at $951,000 after buying an additional 7,467 shares during the last quarter. Sanctuary Advisors LLC boosted its position in shares of iShares MSCI Philippines ETF by 3.5% during the first quarter. Sanctuary Advisors LLC now owns 36,093 shares of the company’s stock worth $896,000 after buying an additional 1,225 shares during the period. Hsbc Holdings PLC grew its holdings in iShares MSCI Philippines ETF by 9.8% in the 1st quarter. Hsbc Holdings PLC now owns 111,797 shares of the company’s stock worth $2,776,000 after buying an additional 9,982 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. bought a new position in iShares MSCI Philippines ETF in the 1st quarter worth approximately $231,000. Finally, Graham Capital Management L.P. acquired a new stake in iShares MSCI Philippines ETF in the 4th quarter valued at approximately $3,030,000.
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.
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