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

iShares MSCI Singapore ETF (NYSEARCA:EWS) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totaling 1,022,938 shares, a growth of 213.7% from the July 15th total of 326,081 shares. Based on an average daily trading volume, of 1,046,391 shares, the days-to-cover ratio is currently 1.0 days. Approximately 3.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Pekin Hardy Strauss Inc. raised its holdings in shares of iShares MSCI Singapore ETF by 37.5% in the 4th quarter. Pekin Hardy Strauss Inc. now owns 67,875 shares of the company’s stock valued at $1,867,000 after acquiring an additional 18,510 shares in the last quarter. Vertex Investment Solutions Co. Ltd. bought a new stake in shares of iShares MSCI Singapore ETF in the 4th quarter worth approximately $992,000. Catalyst Capital Advisors LLC boosted its stake in shares of iShares MSCI Singapore ETF by 4.8% in the 1st quarter. Catalyst Capital Advisors LLC now owns 498,619 shares of the company’s stock valued at $14,071,000 after purchasing an additional 22,997 shares in the last quarter. Millburn Ridgefield LLC DE boosted its stake in shares of iShares MSCI Singapore ETF by 3.8% in the 4th quarter. Millburn Ridgefield LLC DE now owns 475,622 shares of the company’s stock valued at $13,084,000 after purchasing an additional 17,568 shares in the last quarter. Finally, Rice Partnership LLC bought a new position in shares of iShares MSCI Singapore ETF during the 1st quarter valued at $6,131,000. 52.30% of the stock is currently owned by institutional investors.

iShares MSCI Singapore ETF Trading Down 0.6%

Shares of iShares MSCI Singapore ETF stock traded down $0.20 during trading on Thursday, hitting $33.44. 426,066 shares of the stock were exchanged, compared to its average volume of 962,860. The stock has a market capitalization of $1.09 billion, a price-to-earnings ratio of 15.28 and a beta of 0.55. The company has a fifty day moving average price of $30.88 and a 200-day moving average price of $29.42. iShares MSCI Singapore ETF has a 1-year low of $26.69 and a 1-year high of $34.03.

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).