iShares MSCI Singapore ETF (NYSEARCA:EWS – Get Free Report) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totaling 1,793,071 shares, a growth of 217.8% from the August 15th total of 564,156 shares. Currently, 5.5% of the company’s stock are sold short. Based on an average trading volume of 672,063 shares, the short-interest ratio is presently 2.7 days.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in the business. Quadrature Capital Ltd lifted its position in iShares MSCI Singapore ETF by 978.2% during the 4th quarter. Quadrature Capital Ltd now owns 559,475 shares of the company’s stock worth $15,391,000 after buying an additional 507,586 shares in the last quarter. UBS Group AG grew its holdings in shares of iShares MSCI Singapore ETF by 119.8% in the 3rd quarter. UBS Group AG now owns 904,505 shares of the company’s stock valued at $25,634,000 after acquiring an additional 492,982 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of iShares MSCI Singapore ETF in the fourth quarter valued at about $8,620,000. Rice Partnership LLC acquired a new stake in shares of iShares MSCI Singapore ETF in the first quarter valued at about $6,131,000. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of iShares MSCI Singapore ETF by 213,957.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 209,776 shares of the company’s stock valued at $5,771,000 after acquiring an additional 209,678 shares during the last quarter. Institutional investors own 52.30% of the company’s stock.
iShares MSCI Singapore ETF Price Performance
Shares of EWS traded up $0.25 during mid-day trading on Friday, hitting $33.62. 1,012,395 shares of the company’s stock were exchanged, compared to its average volume of 959,349. iShares MSCI Singapore ETF has a 52 week low of $26.69 and a 52 week high of $34.60. The company has a market cap of $1.09 billion, a PE ratio of 15.28 and a beta of 0.56. The company has a 50-day simple moving average of $32.85 and a 200 day simple moving average of $30.23.
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).
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