iShares MSCI Taiwan Index (NYSEARCA:EWT) saw a large decline in short interest in the month of January. As of January 31st, there was short interest totalling 1,696,431 shares, a decline of 44.4% from the January 12th total of 3,053,179 shares. Based on an average daily trading volume, of 5,494,544 shares, the short-interest ratio is presently 0.3 days.
Shares of iShares MSCI Taiwan Index (NYSEARCA:EWT) opened at $37.79 on Friday. iShares MSCI Taiwan Index has a 12 month low of $31.63 and a 12 month high of $39.35. The stock has a market cap of $3,760.00 and a price-to-earnings ratio of -7.27.
Several hedge funds and other institutional investors have recently made changes to their positions in EWT. The Manufacturers Life Insurance Company boosted its position in iShares MSCI Taiwan Index by 679,959.5% during the 4th quarter. The Manufacturers Life Insurance Company now owns 1,611,741 shares of the exchange traded fund’s stock worth $58,361,000 after purchasing an additional 1,611,504 shares during the period. Amundi Pioneer Asset Management Inc. purchased a new stake in iShares MSCI Taiwan Index during the 4th quarter worth $25,451,000. BlackRock Inc. boosted its position in iShares MSCI Taiwan Index by 5.1% during the 4th quarter. BlackRock Inc. now owns 9,090,024 shares of the exchange traded fund’s stock worth $329,151,000 after purchasing an additional 441,866 shares during the period. Bessemer Group Inc. purchased a new stake in iShares MSCI Taiwan Index during the 4th quarter worth $10,139,000. Finally, Schroder Investment Management Group purchased a new stake in iShares MSCI Taiwan Index during the 3rd quarter worth $9,765,000.
Ishares MSCI Taiwan Index Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Taiwan IndexSM (the Index). The Index consists of stocks traded primarily on the Taiwan Stock Exchange.
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