iShares MSCI Malaysia ETF (NYSEARCA:EWM) Short Interest Update

iShares MSCI Malaysia ETF (NYSEARCA:EWM) was the recipient of a large decrease in short interest in June. As of June 30th, there was short interest totaling 325,726 shares, a decrease of 38.1% from the June 15th total of 526,116 shares. Approximately 3.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 285,648 shares, the days-to-cover ratio is presently 1.1 days.

iShares MSCI Malaysia ETF Trading Up 0.6%

EWM opened at $28.18 on Friday. The firm has a market cap of $310.54 million, a P/E ratio of 14.29 and a beta of 0.47. iShares MSCI Malaysia ETF has a 12 month low of $23.48 and a 12 month high of $30.64. The stock has a 50-day moving average of $28.12 and a 200 day moving average of $28.62.

Institutional Investors Weigh In On iShares MSCI Malaysia ETF

Several institutional investors have recently modified their holdings of the stock. Jessup Wealth Management Inc purchased a new position in shares of iShares MSCI Malaysia ETF in the 4th quarter worth approximately $72,000. BOCHK Asset Management Ltd raised its holdings in iShares MSCI Malaysia ETF by 250.0% during the 4th quarter. BOCHK Asset Management Ltd now owns 2,800 shares of the exchange traded fund’s stock valued at $77,000 after buying an additional 2,000 shares during the period. Raymond James Financial Inc. bought a new stake in iShares MSCI Malaysia ETF in the second quarter worth $84,000. AlphaCentric Advisors LLC bought a new stake in iShares MSCI Malaysia ETF in the fourth quarter worth $152,000. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new position in iShares MSCI Malaysia ETF during the fourth quarter worth $161,000. 86.75% of the stock is owned by institutional investors.

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.