iShares MSCI Singapore ETF (NYSEARCA:EWS) Short Interest Up 213.7% in July

iShares MSCI Singapore ETF (NYSEARCA:EWS) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 1,022,938 shares, a growth of 213.7% from the July 15th total of 326,081 shares. Approximately 3.1% of the shares of the stock are sold short. Based on an average daily volume of 1,046,391 shares, the short-interest ratio is presently 1.0 days.

iShares MSCI Singapore ETF Stock Up 0.6%

NYSEARCA:EWS traded up $0.20 during trading hours on Friday, reaching $33.68. 723,953 shares of the company’s stock were exchanged, compared to its average volume of 963,734. The company has a market capitalization of $1.10 billion, a P/E ratio of 15.28 and a beta of 0.55. iShares MSCI Singapore ETF has a 12 month low of $26.69 and a 12 month high of $34.03. The business’s 50-day simple moving average is $30.96 and its two-hundred day simple moving average is $29.45.

Hedge Funds Weigh In On iShares MSCI Singapore ETF

A number of hedge funds have recently modified their holdings of EWS. Marshall Wace LLP purchased a new stake in shares of iShares MSCI Singapore ETF during the second quarter valued at $1,833,000. Amundi increased its stake in iShares MSCI Singapore ETF by 10.7% in the 2nd quarter. Amundi now owns 412,700 shares of the company’s stock worth $10,685,000 after purchasing an additional 39,800 shares in the last quarter. Qube Research & Technologies Ltd raised its holdings in iShares MSCI Singapore ETF by 290.3% during the 2nd quarter. Qube Research & Technologies Ltd now owns 155,254 shares of the company’s stock worth $4,033,000 after buying an additional 115,473 shares during the period. HUB Investment Partners LLC acquired a new stake in iShares MSCI Singapore ETF during the 2nd quarter worth about $390,000. Finally, Raymond James Financial Inc. lifted its stake in iShares MSCI Singapore ETF by 7.8% during the second quarter. Raymond James Financial Inc. now owns 27,123 shares of the company’s stock valued at $705,000 after buying an additional 1,953 shares in the last quarter. 52.30% of the stock is currently owned by institutional investors and hedge funds.

About iShares MSCI Singapore ETF

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).