Short Interest in iShares MSCI Singapore ETF (NYSEARCA:EWS) Rises By 217.8%

iShares MSCI Singapore ETF (NYSEARCA:EWS) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 1,793,071 shares, an increase of 217.8% from the August 15th total of 564,156 shares. Based on an average trading volume of 672,063 shares, the short-interest ratio is currently 2.7 days. Approximately 5.5% of the company’s shares are short sold.

Institutional Investors Weigh In On iShares MSCI Singapore ETF

A number of large investors have recently made changes to their positions in the business. Marshall Wace LLP bought a new stake in iShares MSCI Singapore ETF in the second quarter valued at $1,833,000. Amundi grew its holdings in iShares MSCI Singapore ETF by 10.7% in the second quarter. Amundi now owns 412,700 shares of the company’s stock worth $10,685,000 after purchasing an additional 39,800 shares during the period. Qube Research & Technologies Ltd grew its stake in shares of iShares MSCI Singapore ETF by 290.3% in the 2nd quarter. Qube Research & Technologies Ltd now owns 155,254 shares of the company’s stock worth $4,033,000 after buying an additional 115,473 shares during the last quarter. HUB Investment Partners LLC bought a new position in shares of iShares MSCI Singapore ETF during the second quarter valued at $390,000. Finally, Raymond James Financial Inc. increased its stake in iShares MSCI Singapore ETF by 7.8% during the 2nd 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 in the last quarter. 52.30% of the stock is currently owned by institutional investors.

iShares MSCI Singapore ETF Stock Performance

EWS stock traded up $0.25 during trading on Friday, hitting $33.62. 1,012,395 shares of the company traded hands, compared to its average volume of 959,349. The company has a 50-day moving average of $32.85 and a 200-day moving average of $30.24. iShares MSCI Singapore ETF has a 1 year low of $26.69 and a 1 year high of $34.60. The firm has a market capitalization of $1.09 billion, a PE ratio of 15.28 and a beta of 0.56.

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).