iShares MSCI Malaysia ETF (NYSEARCA:EWM – Get Free Report) was the recipient of a large drop in short interest in August. As of August 14th, there was short interest totaling 229,129 shares, a drop of 62.5% from the July 30th total of 611,515 shares. Based on an average daily volume of 255,665 shares, the short-interest ratio is currently 0.9 days. Approximately 2.0% of the shares of the stock are short sold.
iShares MSCI Malaysia ETF Trading Down 1.6%
NYSEARCA EWM traded down $0.47 on Friday, hitting $28.36. 432,258 shares of the company were exchanged, compared to its average volume of 349,315. iShares MSCI Malaysia ETF has a 1-year low of $24.65 and a 1-year high of $30.64. The firm has a 50 day moving average of $27.83 and a two-hundred day moving average of $28.58. The company has a market cap of $327.56 million, a P/E ratio of 14.29 and a beta of 0.47.
Hedge Funds Weigh In On iShares MSCI Malaysia ETF
Large investors have recently bought and sold shares of the business. Cullen Capital Management LLC bought a new position in shares of iShares MSCI Malaysia ETF in the 2nd quarter worth $312,000. C M Bidwell & Associates Ltd. bought a new position in iShares MSCI Malaysia ETF in the second quarter valued at approximately $37,000. Trust Co. of Vermont bought a new stake in iShares MSCI Malaysia ETF in the 2nd quarter valued at $58,000. Whitcomb & Hess Inc. boosted its position 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 worth $10,362,000 after buying an additional 15,051 shares during the period. Finally, NewEdge Advisors LLC bought a new position in shares of iShares MSCI Malaysia ETF during the 1st quarter worth approximately $364,000. 86.75% of the stock is currently owned by institutional investors and hedge funds.
iShares MSCI Malaysia ETF Company Profile
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.
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