iShares MSCI Malaysia ETF (NYSEARCA:EWM) Sees Large Decrease in Short Interest

iShares MSCI Malaysia ETF (NYSEARCA:EWM) saw a significant decline in short interest in February. As of February 13th, there was short interest totaling 451,483 shares, a decline of 63.6% from the January 29th total of 1,240,739 shares. Currently, 3.7% of the company’s stock are short sold. Based on an average daily volume of 453,196 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily volume of 453,196 shares, the days-to-cover ratio is currently 1.0 days. Currently, 3.7% of the company’s stock are short sold.

iShares MSCI Malaysia ETF Stock Performance

Shares of NYSEARCA:EWM traded down $0.43 during mid-day trading on Friday, hitting $29.22. 647,003 shares of the company traded hands, compared to its average volume of 462,164. The firm’s 50 day simple moving average is $28.69 and its 200 day simple moving average is $26.84. The firm has a market cap of $359.41 million, a P/E ratio of 14.29 and a beta of 0.55. iShares MSCI Malaysia ETF has a 52-week low of $20.80 and a 52-week high of $30.14.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in EWM. Royal Bank of Canada grew its holdings in iShares MSCI Malaysia ETF by 34.5% during the 1st quarter. Royal Bank of Canada now owns 47,597 shares of the exchange traded fund’s stock valued at $1,099,000 after purchasing an additional 12,202 shares in the last quarter. Bank of Montreal Can boosted its position in iShares MSCI Malaysia ETF by 96.8% in the 2nd quarter. Bank of Montreal Can now owns 115,604 shares of the exchange traded fund’s stock valued at $2,814,000 after buying an additional 56,859 shares during the last quarter. Innealta Capital LLC acquired a new stake in shares of iShares MSCI Malaysia ETF during the second quarter valued at about $205,000. SG Americas Securities LLC increased its position in shares of iShares MSCI Malaysia ETF by 52.2% during the second quarter. SG Americas Securities LLC now owns 32,870 shares of the exchange traded fund’s stock worth $800,000 after acquiring an additional 11,278 shares during the last quarter. Finally, Mount Lucas Management LP purchased a new stake in shares of iShares MSCI Malaysia ETF during the second quarter worth about $813,000. 86.75% of the stock is owned by institutional investors and hedge funds.

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.