iShares MSCI Hong Kong ETF (NYSEARCA:EWH) Shares Shorted: Short Interest Up 403.0% in September

iShares MSCI Hong Kong ETF (NYSEARCA:EWH) saw a significant increase in short interest in September. As of September 30th, there was short interest totaling 6,120,340 shares, an increase of 403.0% from the September 15th total of 1,216,808 shares. Based on an average daily volume of 2,844,738 shares, the days-to-cover ratio is presently 2.2 days. Currently, 11.5% of the company’s stock are sold short.

iShares MSCI Hong Kong ETF Stock Performance

EWH traded up $0.34 on Friday, hitting $22.06. The company had a trading volume of 3,729,642 shares, compared to its average volume of 3,897,873. The stock has a fifty day moving average price of $22.57 and a 200-day moving average price of $22.65. iShares MSCI Hong Kong ETF has a 12-month low of $20.60 and a 12-month high of $24.66. The stock has a market capitalization of $1.18 billion, a price-to-earnings ratio of 14.69 and a beta of 0.37.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of EWH. Millburn Ridgefield LLC DE lifted its position in iShares MSCI Hong Kong ETF by 11.8% during the first quarter. Millburn Ridgefield LLC DE now owns 714,153 shares of the exchange traded fund’s stock valued at $16,490,000 after acquiring an additional 75,568 shares during the last quarter. Catalyst Capital Advisors LLC grew its holdings in iShares MSCI Hong Kong ETF by 11.8% in the first quarter. Catalyst Capital Advisors LLC now owns 714,153 shares of the exchange traded fund’s stock worth $16,490,000 after purchasing an additional 75,568 shares during the last quarter. Royal Bank of Canada increased its position in shares of iShares MSCI Hong Kong ETF by 38.9% during the first quarter. Royal Bank of Canada now owns 357,742 shares of the exchange traded fund’s stock worth $8,259,000 after purchasing an additional 100,243 shares in the last quarter. Hsbc Holdings PLC increased its position in shares of iShares MSCI Hong Kong ETF by 63.0% during the first quarter. Hsbc Holdings PLC now owns 254,486 shares of the exchange traded fund’s stock worth $5,876,000 after purchasing an additional 98,331 shares in the last quarter. Finally, Squarepoint Ops LLC acquired a new position in shares of iShares MSCI Hong Kong ETF during the second quarter worth $2,642,000. Hedge funds and other institutional investors own 50.59% of the company’s stock.

About iShares MSCI Hong Kong ETF

iShares MSCI Hong Kong Index Fund, formerly Shares MSCI Hong Kong ETF, (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 Hong Kong market, as measured by the MSCI Hong Kong Index (the Index). The Index consists of stocks traded primarily on the Stock Exchange of Hong Kong Limited. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.