iShares MSCI Malaysia ETF (NYSEARCA:EWM) Shares Shorted: Short Interest Up 84.8% in October

by · The Markets Daily

iShares MSCI Malaysia ETF (NYSEARCA:EWM – Get Free Report) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 2,832,963 shares, an increase of 84.8% from the September 30th total of 1,532,744 shares. Based on an average daily volume of 155,620 shares, the days-to-cover ratio is currently 18.2 days. Currently, 33.1% of the shares of the company are short sold.

iShares MSCI Malaysia ETF Stock Performance

EWM stock traded up $0.10 during midday trading on Monday, hitting $26.97. 155,959 shares of the stock were exchanged, compared to its average volume of 313,116. iShares MSCI Malaysia ETF has a fifty-two week low of $25.89 and a fifty-two week high of $30.64. The stock has a market cap of $230.59 million, a price-to-earnings ratio of 14.29 and a beta of 0.46. The stock’s 50-day moving average price is $27.44 and its 200-day moving average price is $28.33.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Whitcomb & Hess Inc. acquired a new stake in shares of iShares MSCI Malaysia ETF during the third quarter valued at approximately $10,821,000. Royal Bank of Canada boosted its holdings in shares of iShares MSCI Malaysia ETF by 506.5% in the 1st quarter. Royal Bank of Canada now owns 75,987 shares of the exchange traded fund’s stock worth $2,159,000 after acquiring an additional 63,459 shares in the last quarter. Bank of America Corp DE raised its position in iShares MSCI Malaysia ETF by 118.4% during the first quarter. Bank of America Corp DE now owns 64,049 shares of the exchange traded fund’s stock worth $1,820,000 after acquiring an additional 34,724 shares in the last quarter. Oppenheimer & Co. Inc. bought a new stake in iShares MSCI Malaysia ETF in the 3rd quarter valued at about $2,891,000. Finally, Banque Pictet & Cie SA acquired a new position in iShares MSCI Malaysia ETF during the third quarter worth about $1,095,000. Institutional investors own 86.75% of the company’s stock.

iShares MSCI Malaysia ETF Company Profile

(Get Free Report)

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.

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