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

iShares MSCI Malaysia ETF (NYSEARCA:EWM) saw a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 451,483 shares, a drop of 63.6% from the January 29th total of 1,240,739 shares. Currently, 3.7% of the shares of the company are short sold. Based on an average daily volume of 453,196 shares, the short-interest ratio is presently 1.0 days. Based on an average daily volume of 453,196 shares, the short-interest ratio is presently 1.0 days. Currently, 3.7% of the shares of the company are short sold.

Hedge Funds Weigh In On iShares MSCI Malaysia ETF

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

iShares MSCI Malaysia ETF Stock Performance

Shares of NYSEARCA EWM traded down $0.43 during midday trading on Friday, reaching $29.22. The company’s stock had a trading volume of 647,003 shares, compared to its average volume of 462,164. The company has a market cap of $359.41 million, a P/E ratio of 14.29 and a beta of 0.55. The business’s 50 day moving average price is $28.73 and its two-hundred day moving average price is $26.89. iShares MSCI Malaysia ETF has a fifty-two week low of $20.80 and a fifty-two week high of $30.14.

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.