iShares MSCI Philippines ETF (NYSEARCA:EPHE – Get Free Report) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 189,048 shares, a decline of 61.8% from the August 15th total of 494,309 shares. Approximately 3.4% of the company’s shares are sold short. Based on an average trading volume of 351,800 shares, the days-to-cover ratio is currently 0.5 days.
Institutional Trading of iShares MSCI Philippines ETF
Several hedge funds have recently added to or reduced their stakes in the stock. Hsbc Holdings PLC lifted its holdings in iShares MSCI Philippines ETF by 9.8% during the first quarter. Hsbc Holdings PLC now owns 111,797 shares of the company’s stock valued at $2,776,000 after purchasing an additional 9,982 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in iShares MSCI Philippines ETF by 24.2% in the 1st quarter. Bank of New York Mellon Corp now owns 38,312 shares of the company’s stock valued at $951,000 after purchasing an additional 7,467 shares during the period. Sanctuary Advisors LLC boosted its holdings in iShares MSCI Philippines ETF by 3.5% in the 1st quarter. Sanctuary Advisors LLC now owns 36,093 shares of the company’s stock valued at $896,000 after purchasing an additional 1,225 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. purchased a new position in shares of iShares MSCI Philippines ETF during the 1st quarter valued at $231,000.
iShares MSCI Philippines ETF Stock Up 0.1%
NYSEARCA:EPHE traded up $0.02 during trading hours on Monday, reaching $24.14. The company had a trading volume of 63,558 shares, compared to its average volume of 158,200. The firm has a market cap of $135.18 million, a price-to-earnings ratio of 10.44 and a beta of 0.53. iShares MSCI Philippines ETF has a twelve month low of $23.17 and a twelve month high of $28.40. The business’s 50-day simple moving average is $25.11 and its two-hundred day simple moving average is $25.06.
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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