Short Interest in iShares MSCI Malaysia ETF (NYSEARCA:EWM) Rises By 90.4%

iShares MSCI Malaysia ETF (NYSEARCA:EWM) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 611,515 shares, a growth of 90.4% from the July 15th total of 321,146 shares. Based on an average daily trading volume, of 268,012 shares, the days-to-cover ratio is presently 2.3 days. Currently, 5.3% of the company’s stock are sold short.

Institutional Investors Weigh In On iShares MSCI Malaysia ETF

Institutional investors have recently added to or reduced their stakes in the business. Cullen Capital Management LLC acquired a new stake in iShares MSCI Malaysia ETF in the 2nd quarter worth approximately $312,000. C M Bidwell & Associates Ltd. acquired a new stake in shares of iShares MSCI Malaysia ETF during the second quarter worth $37,000. Trust Co. of Vermont purchased a new stake in shares of iShares MSCI Malaysia ETF during the second quarter valued at $58,000. Whitcomb & Hess Inc. grew its holdings in shares of iShares MSCI Malaysia ETF by 4.1% during the second quarter. Whitcomb & Hess Inc. now owns 384,472 shares of the exchange traded fund’s stock valued at $10,362,000 after buying an additional 15,051 shares during the last quarter. Finally, NewEdge Advisors LLC acquired a new position in shares of iShares MSCI Malaysia ETF in the 1st quarter valued at $364,000. Institutional investors and hedge funds own 86.75% of the company’s stock.

iShares MSCI Malaysia ETF Trading Up 0.4%

EWM opened at $28.11 on Tuesday. The stock has a fifty day moving average price of $27.68 and a 200-day moving average price of $28.63. iShares MSCI Malaysia ETF has a 12 month low of $24.65 and a 12 month high of $30.64. The firm has a market cap of $324.67 million, a price-to-earnings ratio of 14.29 and a beta of 0.47.

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.