iShares MSCI Singapore ETF (NYSEARCA:EWS) Short Interest Up 19.4% in February

iShares MSCI Singapore ETF (NYSEARCA:EWS) was the target of a significant growth in short interest in February. As of February 13th, there was short interest totaling 548,756 shares, a growth of 19.4% from the January 29th total of 459,552 shares. Based on an average daily volume of 972,357 shares, the days-to-cover ratio is currently 0.6 days. Approximately 2.0% of the shares of the stock are sold short. Approximately 2.0% of the shares of the stock are sold short. Based on an average daily volume of 972,357 shares, the days-to-cover ratio is currently 0.6 days.

Hedge Funds Weigh In On iShares MSCI Singapore ETF

Several large investors have recently made changes to their positions in EWS. Invesco Ltd. bought a new stake in iShares MSCI Singapore ETF during the 4th quarter valued at approximately $217,000. Zacks Investment Management boosted its position in shares of iShares MSCI Singapore ETF by 217.5% during the fourth quarter. Zacks Investment Management now owns 60,163 shares of the company’s stock worth $1,655,000 after acquiring an additional 41,214 shares during the last quarter. Wellington Management Group LLP boosted its position in shares of iShares MSCI Singapore ETF by 1.3% during the fourth quarter. Wellington Management Group LLP now owns 403,344 shares of the company’s stock worth $11,096,000 after acquiring an additional 4,980 shares during the last quarter. Quadrature Capital Ltd grew its stake in iShares MSCI Singapore ETF by 978.2% during the fourth quarter. Quadrature Capital Ltd now owns 559,475 shares of the company’s stock valued at $15,391,000 after acquiring an additional 507,586 shares in the last quarter. Finally, OLD Mission Capital LLC bought a new stake in iShares MSCI Singapore ETF in the 4th quarter valued at $1,873,000. 52.30% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Singapore ETF Stock Performance

Shares of NYSEARCA EWS traded down $0.41 during midday trading on Thursday, reaching $27.36. The stock had a trading volume of 292,559 shares, compared to its average volume of 884,424. The company has a market capitalization of $745.56 million, a price-to-earnings ratio of 15.28 and a beta of 0.69. iShares MSCI Singapore ETF has a 12-month low of $20.08 and a 12-month high of $29.65. The stock has a 50-day moving average of $28.35 and a 200-day moving average of $28.28.

About iShares MSCI Singapore ETF

iShares MSCI Singapore ETF, formerly iShares MSCI Singapore Index Fund (the Fund), is an exchange traded fund (ETF). The Funds seeks investment results that correspond to the price and yield performance of the MSCI Singapore Index (the Underlying Index). The Underlying Index consists of stocks traded primarily on the Singapore Stock Exchange. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. The Fund’s investment advisor is BlackRock Fund Advisors (BFA).