Short Interest in iShares MSCI Singapore ETF (NYSEARCA:EWS) Declines By 34.8%

iShares MSCI Singapore ETF (NYSEARCA:EWS) saw a significant drop in short interest during the month of March. As of March 31st, there was short interest totaling 517,004 shares, a drop of 34.8% from the March 15th total of 793,235 shares. Based on an average daily trading volume, of 944,257 shares, the short-interest ratio is presently 0.5 days. Approximately 1.8% of the shares of the company are sold short.

Institutional Investors Weigh In On iShares MSCI Singapore ETF

Several institutional investors have recently modified their holdings of EWS. Quadrature Capital Ltd boosted its position in shares of iShares MSCI Singapore ETF by 978.2% during the fourth quarter. Quadrature Capital Ltd now owns 559,475 shares of the company’s stock valued at $15,391,000 after buying an additional 507,586 shares during the last quarter. UBS Group AG boosted its position in iShares MSCI Singapore ETF by 119.8% in the third quarter. UBS Group AG now owns 904,505 shares of the company’s stock worth $25,634,000 after purchasing an additional 492,982 shares during the last quarter. Jane Street Group LLC purchased a new position in iShares MSCI Singapore ETF in the fourth quarter worth about $8,620,000. Sun Life Financial Inc. boosted its position in iShares MSCI Singapore ETF by 20.9% in the third quarter. Sun Life Financial Inc. now owns 1,462,159 shares of the company’s stock worth $41,438,000 after purchasing an additional 252,559 shares during the last quarter. Finally, OVERSEA CHINESE BANKING Corp Ltd boosted its position in iShares MSCI Singapore ETF by 97.1% in the third quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 438,730 shares of the company’s stock worth $12,438,000 after purchasing an additional 216,130 shares during the last quarter. 52.30% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Singapore ETF Price Performance

Shares of iShares MSCI Singapore ETF stock traded down $0.01 during trading on Tuesday, hitting $29.23. 414,046 shares of the company’s stock traded hands, compared to its average volume of 982,083. iShares MSCI Singapore ETF has a 1 year low of $22.32 and a 1 year high of $29.65. The stock has a market capitalization of $847.67 million, a P/E ratio of 15.28 and a beta of 0.59. The business has a 50-day simple moving average of $28.28 and a 200-day simple moving average of $28.21.

iShares MSCI Singapore ETF Company Profile

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).