iShares MSCI Singapore ETF (NYSEARCA:EWS) Short Interest Update

iShares MSCI Singapore ETF (NYSEARCA:EWS) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 1,793,071 shares, an increase of 217.8% from the August 15th total of 564,156 shares. Based on an average daily volume of 672,063 shares, the short-interest ratio is presently 2.7 days. Currently, 5.5% of the shares of the company are sold short.

Institutional Investors Weigh In On iShares MSCI Singapore ETF

Several institutional investors have recently made changes to their positions in the stock. Intesa Sanpaolo Wealth Management purchased a new position in shares of iShares MSCI Singapore ETF in the fourth quarter valued at $28,000. Fifth Third Bancorp purchased a new stake in iShares MSCI Singapore ETF during the 1st quarter worth about $29,000. Purpose Unlimited Inc. bought a new position in iShares MSCI Singapore ETF in the 4th quarter worth about $35,000. Harbour Investments Inc. bought a new position in iShares MSCI Singapore ETF in the 4th quarter worth about $50,000. Finally, Kestra Advisory Services LLC bought a new stake in shares of iShares MSCI Singapore ETF during the fourth quarter valued at about $109,000. Hedge funds and other institutional investors own 52.30% of the company’s stock.

iShares MSCI Singapore ETF Trading Up 0.3%

Shares of EWS stock traded up $0.09 during trading on Monday, reaching $33.70. 1,330,960 shares of the company’s stock traded hands, compared to its average volume of 961,312. The firm’s 50-day moving average is $32.85 and its 200 day moving average is $30.24. The company has a market capitalization of $1.10 billion, a P/E ratio of 15.28 and a beta of 0.56. iShares MSCI Singapore ETF has a 1 year low of $26.69 and a 1 year high of $34.60.

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).