iShares MSCI Philippines ETF (NYSEARCA:EPHE – Get Free Report) was the target of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 218,306 shares, a drop of 51.3% from the June 15th total of 448,719 shares. Currently, 4.2% of the company’s stock are short sold. Based on an average daily volume of 155,263 shares, the days-to-cover ratio is presently 1.4 days.
iShares MSCI Philippines ETF Stock Performance
Shares of EPHE opened at $25.41 on Friday. The company has a market capitalization of $128.32 million, a PE ratio of 10.44 and a beta of 0.55. The company’s 50 day moving average price is $24.76 and its 200 day moving average price is $25.38. iShares MSCI Philippines ETF has a 52 week low of $23.17 and a 52 week high of $28.40.
Institutional Investors Weigh In On iShares MSCI Philippines ETF
Institutional investors have recently modified their holdings of the stock. JPMorgan Chase & Co. acquired a new position in shares of iShares MSCI Philippines ETF in the second quarter worth $30,000. Stelac Advisory Services LLC acquired a new stake in iShares MSCI Philippines ETF during the fourth quarter valued at $104,000. Amundi purchased a new position in iShares MSCI Philippines ETF in the second quarter valued at about $222,000. Sumitomo Mitsui Trust Group Inc. purchased a new position in iShares MSCI Philippines ETF in the first quarter valued at about $231,000. Finally, Orion Porfolio Solutions LLC increased its position in iShares MSCI Philippines ETF by 5.3% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 8,674 shares of the company’s stock worth $235,000 after purchasing an additional 440 shares during the last quarter.
iShares MSCI Philippines ETF Company Profile
The iShares MSCI Philippines ETF (EPHE) is an exchange-traded fund that is based on the MSCI Philippines IMI 25\u002F50 index, a free float-adjusted market-cap-weighted index of the broader Filipino equity market. EPHE was launched on Sep 28, 2010 and is managed by BlackRock.
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