iShares MSCI Malaysia ETF (NYSEARCA:EWM) Short Interest Update

iShares MSCI Malaysia ETF (NYSEARCA:EWM) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 611,515 shares, a growth of 90.4% from the July 15th total of 321,146 shares. Based on an average daily volume of 268,012 shares, the days-to-cover ratio is presently 2.3 days. Currently, 5.3% of the company’s shares are short sold.

Hedge Funds Weigh In On iShares MSCI Malaysia ETF

Several hedge funds have recently added to or reduced their stakes in EWM. Cullen Capital Management LLC bought a new position in iShares MSCI Malaysia ETF during the second quarter worth about $312,000. C M Bidwell & Associates Ltd. bought a new stake in shares of iShares MSCI Malaysia ETF in the 2nd quarter valued at about $37,000. Trust Co. of Vermont bought a new stake in shares of iShares MSCI Malaysia ETF in the 2nd quarter valued at about $58,000. Whitcomb & Hess Inc. raised its position in shares of iShares MSCI Malaysia ETF by 4.1% in the 2nd quarter. Whitcomb & Hess Inc. now owns 384,472 shares of the exchange traded fund’s stock valued at $10,362,000 after acquiring an additional 15,051 shares during the period. Finally, NewEdge Advisors LLC acquired a new stake in shares of iShares MSCI Malaysia ETF in the 1st quarter valued at approximately $364,000. Institutional investors and hedge funds own 86.75% of the company’s stock.

iShares MSCI Malaysia ETF Stock Up 0.4%

NYSEARCA EWM traded up $0.11 during trading hours on Monday, hitting $28.11. The company’s stock had a trading volume of 130,012 shares, compared to its average volume of 356,119. The stock has a fifty day moving average of $27.67 and a 200 day moving average of $28.64. The firm has a market capitalization of $324.67 million, a P/E ratio of 14.29 and a beta of 0.47. iShares MSCI Malaysia ETF has a twelve month low of $24.65 and a twelve month high of $30.64.

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.