iShares MSCI Singapore ETF (NYSEARCA:EWS) Sees Large Decrease in Short Interest

iShares MSCI Singapore ETF (NYSEARCA:EWS) was the target of a large decrease in short interest in August. As of August 14th, there was short interest totaling 564,156 shares, a decrease of 44.8% from the July 30th total of 1,022,938 shares. Currently, 1.7% of the company’s stock are sold short. Based on an average daily volume of 1,236,693 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Sun Life Financial Inc. grew its position in shares of iShares MSCI Singapore ETF by 0.7% in the 4th quarter. Sun Life Financial Inc. now owns 1,472,605 shares of the company’s stock worth $40,511,000 after acquiring an additional 10,446 shares in the last quarter. UBS Group AG lifted its stake in iShares MSCI Singapore ETF by 119.8% during the third quarter. UBS Group AG now owns 904,505 shares of the company’s stock worth $25,634,000 after purchasing an additional 492,982 shares during the last quarter. Quadrature Capital Ltd lifted its stake in iShares MSCI Singapore ETF by 978.2% during the fourth quarter. Quadrature Capital Ltd now owns 559,475 shares of the company’s stock worth $15,391,000 after purchasing an additional 507,586 shares during the last quarter. Millburn Ridgefield LLC DE boosted its holdings in iShares MSCI Singapore ETF by 4.8% in the first quarter. Millburn Ridgefield LLC DE now owns 498,619 shares of the company’s stock worth $14,071,000 after purchasing an additional 22,997 shares during the period. Finally, Catalyst Capital Advisors LLC boosted its holdings in iShares MSCI Singapore ETF by 4.8% in the first quarter. Catalyst Capital Advisors LLC now owns 498,619 shares of the company’s stock worth $14,071,000 after purchasing an additional 22,997 shares during the period. Institutional investors own 52.30% of the company’s stock.

iShares MSCI Singapore ETF Stock Performance

Shares of EWS stock traded down $0.39 during trading hours on Tuesday, hitting $33.78. 393,397 shares of the company were exchanged, compared to its average volume of 940,998. The stock has a market capitalization of $1.10 billion, a price-to-earnings ratio of 15.28 and a beta of 0.55. iShares MSCI Singapore ETF has a one year low of $26.69 and a one year high of $34.27. The business’s 50-day simple moving average is $32.08 and its two-hundred day simple moving average is $29.91.

iShares MSCI Singapore ETF Company Profile

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).