iShares MSCI Malaysia ETF (NYSEARCA:EWM) Stock Short Interest Rises 84.8%

iShares MSCI Malaysia ETF (NYSEARCA:EWM) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 2,832,963 shares, a growth of 84.8% from the September 30th total of 1,532,744 shares. Approximately 33.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 155,620 shares, the short-interest ratio is presently 18.2 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of EWM. Oppenheimer & Co. Inc. bought a new stake in iShares MSCI Malaysia ETF during the third quarter worth about $2,891,000. Sigma Planning Corp bought a new position in iShares MSCI Malaysia ETF in the third quarter valued at approximately $203,000. SBI Securities Co. Ltd. acquired a new stake in shares of iShares MSCI Malaysia ETF in the 3rd quarter valued at about $372,000. Vontobel Holding Ltd. acquired a new position in iShares MSCI Malaysia ETF during the 3rd quarter worth approximately $282,000. Finally, Banque Pictet & Cie SA bought a new position in iShares MSCI Malaysia ETF in the third quarter valued at approximately $1,095,000. Institutional investors and hedge funds own 86.75% of the company’s stock.

iShares MSCI Malaysia ETF Stock Up 0.2%

Shares of NYSEARCA EWM opened at $26.87 on Friday. The firm has a market cap of $229.74 million, a PE ratio of 14.29 and a beta of 0.46. iShares MSCI Malaysia ETF has a fifty-two week low of $25.80 and a fifty-two week high of $30.64. The business has a 50 day moving average price of $27.44 and a two-hundred day moving average price of $28.33.

About iShares MSCI Malaysia ETF

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.