iShares MSCI Malaysia ETF (NYSEARCA:EWM – Get Free Report) was the target of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 516,376 shares, a growth of 14.4% from the February 12th total of 451,483 shares. Currently, 4.2% of the shares of the company are sold short. Based on an average daily volume of 404,635 shares, the short-interest ratio is currently 1.3 days. Based on an average daily volume of 404,635 shares, the short-interest ratio is currently 1.3 days. Currently, 4.2% of the shares of the company are sold short.
Hedge Funds Weigh In On iShares MSCI Malaysia ETF
A number of institutional investors have recently bought and sold shares of EWM. State of Tennessee Department of Treasury lifted 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 acquiring an additional 20,287 shares during the period. Breakout Capital Partners LP increased its stake in shares of iShares MSCI Malaysia ETF by 52.3% in the third quarter. Breakout Capital Partners LP now owns 783,676 shares of the exchange traded fund’s stock worth $20,313,000 after acquiring an additional 269,200 shares during the period. UBS Group AG increased its stake in shares of 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 worth $18,338,000 after acquiring an additional 451,008 shares during the period. Goldman Sachs Group Inc. raised 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 purchasing an additional 11,472 shares during the last quarter. Finally, Citigroup Inc. raised its holdings in shares of iShares MSCI Malaysia ETF by 164.8% during the third quarter. Citigroup Inc. now owns 418,120 shares of the exchange traded fund’s stock worth $10,838,000 after purchasing an additional 260,199 shares during the last quarter. 86.75% of the stock is owned by hedge funds and other institutional investors.
iShares MSCI Malaysia ETF Stock Down 0.1%
Shares of NYSEARCA:EWM opened at $29.34 on Thursday. iShares MSCI Malaysia ETF has a 52-week low of $20.80 and a 52-week high of $30.14. The stock has a market cap of $360.88 million, a price-to-earnings ratio of 14.29 and a beta of 0.55. The business has a 50-day moving average price of $29.05 and a 200-day moving average price of $27.21.
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.
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