iShares MSCI Singapore ETF (NYSEARCA:EWS) Short Interest Update

iShares MSCI Singapore ETF (NYSEARCA:EWS) saw a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 416,562 shares, a decline of 57.1% from the June 15th total of 971,689 shares. Based on an average daily trading volume, of 607,071 shares, the days-to-cover ratio is currently 0.7 days. Currently, 1.3% of the company’s shares are sold short.

iShares MSCI Singapore ETF Stock Up 0.7%

Shares of EWS stock traded up $0.22 during mid-day trading on Tuesday, reaching $31.65. The company’s stock had a trading volume of 561,842 shares, compared to its average volume of 934,187. The firm has a market capitalization of $990.64 million, a PE ratio of 15.28 and a beta of 0.56. The company’s 50 day simple moving average is $29.57 and its 200-day simple moving average is $28.76. iShares MSCI Singapore ETF has a 12-month low of $26.33 and a 12-month high of $31.85.

Institutional Investors Weigh In On iShares MSCI Singapore ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Marshall Wace LLP purchased a new stake in shares of iShares MSCI Singapore ETF during the 2nd quarter valued at about $1,833,000. Amundi grew its position in iShares MSCI Singapore ETF by 10.7% in the second quarter. Amundi now owns 412,700 shares of the company’s stock valued at $10,685,000 after acquiring an additional 39,800 shares in the last quarter. Qube Research & Technologies Ltd raised its stake in shares of iShares MSCI Singapore ETF by 290.3% during the second quarter. Qube Research & Technologies Ltd now owns 155,254 shares of the company’s stock valued at $4,033,000 after purchasing an additional 115,473 shares during the period. HUB Investment Partners LLC purchased a new stake in shares of iShares MSCI Singapore ETF during the second quarter valued at approximately $390,000. Finally, Raymond James Financial Inc. raised its stake in shares of iShares MSCI Singapore ETF by 7.8% during the second quarter. Raymond James Financial Inc. now owns 27,123 shares of the company’s stock valued at $705,000 after purchasing an additional 1,953 shares during the period. Hedge funds and other institutional investors own 52.30% of the company’s stock.

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).