iShares MSCI Philippines ETF (NYSEARCA:EPHE) Short Interest Update

iShares MSCI Philippines ETF (NYSEARCA:EPHE) was the recipient of a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 609,848 shares, an increase of 458.3% from the February 26th total of 109,236 shares. Currently, 10.0% of the company’s stock are short sold. Based on an average daily volume of 316,676 shares, the days-to-cover ratio is presently 1.9 days. Based on an average daily volume of 316,676 shares, the days-to-cover ratio is presently 1.9 days. Currently, 10.0% of the company’s stock are short sold.

Institutional Investors Weigh In On iShares MSCI Philippines ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Sun Life Financial Inc. purchased a new position in iShares MSCI Philippines ETF in the 2nd quarter valued at $7,566,000. Graham Capital Management L.P. purchased a new position in iShares MSCI Philippines ETF during the fourth quarter worth about $3,030,000. Man Group plc acquired a new stake in iShares MSCI Philippines ETF in the second quarter valued at about $1,657,000. Orion Porfolio Solutions LLC boosted its holdings in iShares MSCI Philippines ETF by 10.0% in the 4th quarter. Orion Porfolio Solutions LLC now owns 9,913 shares of the company’s stock valued at $247,000 after purchasing an additional 901 shares in the last quarter. Finally, Amundi acquired a new position in iShares MSCI Philippines ETF during the 2nd quarter worth approximately $222,000.

iShares MSCI Philippines ETF Stock Up 2.3%

iShares MSCI Philippines ETF stock traded up $0.55 during mid-day trading on Wednesday, hitting $24.99. The company had a trading volume of 51,906 shares, compared to its average volume of 187,303. The stock has a market cap of $152.44 million, a price-to-earnings ratio of 10.44 and a beta of 0.61. iShares MSCI Philippines ETF has a 1 year low of $23.17 and a 1 year high of $28.40. The business has a fifty day moving average of $26.23 and a 200 day moving average of $25.48.

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.