Short Interest in iShares MSCI Singapore ETF (NYSEARCA:EWS) Expands By 312.5%

iShares MSCI Singapore ETF (NYSEARCA:EWS) saw a large increase in short interest in January. As of January 15th, there was short interest totaling 1,209,144 shares, an increase of 312.5% from the December 31st total of 293,114 shares. Based on an average daily volume of 864,599 shares, the short-interest ratio is presently 1.4 days. Approximately 4.5% of the shares of the stock are short sold. Approximately 4.5% of the shares of the stock are short sold. Based on an average daily volume of 864,599 shares, the short-interest ratio is presently 1.4 days.

iShares MSCI Singapore ETF Stock Down 0.3%

EWS stock traded down $0.09 during midday trading on Wednesday, hitting $28.91. The company’s stock had a trading volume of 206,969 shares, compared to its average volume of 798,555. iShares MSCI Singapore ETF has a 12 month low of $20.08 and a 12 month high of $29.65. The company has a 50 day moving average of $27.89 and a two-hundred day moving average of $28.02. The firm has a market capitalization of $781.91 million, a price-to-earnings ratio of 15.28 and a beta of 0.69.

Institutional Trading of iShares MSCI Singapore ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. boosted its holdings in shares of iShares MSCI Singapore ETF by 147.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 851,840 shares of the company’s stock valued at $22,131,000 after purchasing an additional 506,960 shares during the last quarter. UBS Group AG lifted its position in shares of 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 buying an additional 492,982 shares in the last quarter. Sun Life Financial Inc. boosted its stake in iShares MSCI Singapore ETF by 20.9% during the third quarter. Sun Life Financial Inc. now owns 1,462,159 shares of the company’s stock valued at $41,438,000 after buying an additional 252,559 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd boosted its stake in iShares MSCI Singapore ETF by 97.1% during the third quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 438,730 shares of the company’s stock valued at $12,438,000 after buying an additional 216,130 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings in iShares MSCI Singapore ETF by 267.0% during the 2nd quarter. Bank of America Corp DE now owns 267,380 shares of the company’s stock valued at $6,947,000 after buying an additional 194,517 shares in the last quarter. 52.30% of the stock is currently owned by institutional investors.

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).