iShares MSCI Philippines ETF (NYSEARCA:EPHE) Sees Large Decrease in Short Interest

iShares MSCI Philippines ETF (NYSEARCA:EPHE) saw a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 34,078 shares, a decrease of 88.1% from the January 29th total of 286,614 shares. Based on an average daily trading volume, of 138,583 shares, the short-interest ratio is presently 0.2 days. Approximately 0.6% of the company’s stock are short sold. Approximately 0.6% of the company’s stock are short sold. Based on an average daily trading volume, of 138,583 shares, the short-interest ratio is presently 0.2 days.

iShares MSCI Philippines ETF Price Performance

iShares MSCI Philippines ETF stock traded up $0.64 during midday trading on Wednesday, hitting $28.37. 189,565 shares of the company were exchanged, compared to its average volume of 161,442. The company has a market cap of $173.06 million, a PE ratio of 10.44 and a beta of 0.61. iShares MSCI Philippines ETF has a fifty-two week low of $23.17 and a fifty-two week high of $28.40. The company’s fifty day moving average price is $26.14 and its 200-day moving average price is $25.57.

Institutional Investors Weigh In On iShares MSCI Philippines ETF

Large investors have recently added to or reduced their stakes in the company. Orion Porfolio Solutions LLC lifted its holdings 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 buying an additional 440 shares in the last quarter. JPMorgan Chase & Co. purchased a new stake in shares of iShares MSCI Philippines ETF during the second quarter worth about $30,000. Advisors Preferred LLC acquired a new position in shares of iShares MSCI Philippines ETF in the second quarter worth about $55,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in iShares MSCI Philippines ETF by 9.7% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 29,300 shares of the company’s stock valued at $728,000 after purchasing an additional 2,600 shares during the last quarter. Finally, Stelac Advisory Services LLC purchased a new position in iShares MSCI Philippines ETF in the fourth quarter valued at about $104,000.

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.