iShares MSCI Malaysia ETF (NYSEARCA:EWM – Get Free Report) was the recipient of a significant decline in short interest in May. As of May 29th, there was short interest totaling 177,244 shares, a decline of 80.0% from the May 14th total of 886,716 shares. Approximately 1.4% of the company’s stock are short sold. Based on an average daily volume of 276,894 shares, the short-interest ratio is presently 0.6 days.
iShares MSCI Malaysia ETF Price Performance
Shares of EWM stock traded up $0.44 during trading on Thursday, reaching $28.08. The company’s stock had a trading volume of 177,455 shares, compared to its average volume of 397,016. The company has a market capitalization of $351.56 million, a price-to-earnings ratio of 14.29 and a beta of 0.46. The stock’s 50-day moving average price is $29.01 and its 200 day moving average price is $28.54. iShares MSCI Malaysia ETF has a 1-year low of $23.34 and a 1-year high of $30.64.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Zacks Investment Management grew its holdings in iShares MSCI Malaysia ETF by 4.1% during the 3rd quarter. Zacks Investment Management now owns 22,913 shares of the exchange traded fund’s stock worth $594,000 after acquiring an additional 892 shares in the last quarter. Stifel Financial Corp grew its holdings in iShares MSCI Malaysia ETF by 4.2% during the 4th quarter. Stifel Financial Corp now owns 22,323 shares of the exchange traded fund’s stock worth $611,000 after acquiring an additional 899 shares in the last quarter. First Growth Capital LLC grew its holdings in iShares MSCI Malaysia ETF by 9.1% during the 1st quarter. First Growth Capital LLC now owns 12,975 shares of the exchange traded fund’s stock worth $372,000 after acquiring an additional 1,084 shares in the last quarter. BOCHK Asset Management Ltd grew its holdings in iShares MSCI Malaysia ETF by 250.0% during the 4th quarter. BOCHK Asset Management Ltd now owns 2,800 shares of the exchange traded fund’s stock worth $77,000 after acquiring an additional 2,000 shares in the last quarter. Finally, Bcwm LLC grew its holdings in iShares MSCI Malaysia ETF by 1.4% during the 4th quarter. Bcwm LLC now owns 146,197 shares of the exchange traded fund’s stock worth $4,000,000 after acquiring an additional 2,061 shares in the last quarter. Institutional investors and hedge funds own 86.75% of the company’s stock.
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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