iShares MSCI Philippines ETF (NYSEARCA:EPHE) Short Interest Update

iShares MSCI Philippines ETF (NYSEARCA:EPHE) was the recipient of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 286,614 shares, a growth of 37.6% from the January 15th total of 208,241 shares. Currently, 4.7% of the company’s stock are sold short. Based on an average trading volume of 185,618 shares, the days-to-cover ratio is presently 1.5 days. Based on an average trading volume of 185,618 shares, the days-to-cover ratio is presently 1.5 days. Currently, 4.7% of the company’s stock are sold short.

iShares MSCI Philippines ETF Stock Up 0.1%

iShares MSCI Philippines ETF stock traded up $0.03 during midday trading on Monday, hitting $26.97. 134,948 shares of the stock were exchanged, compared to its average volume of 159,408. iShares MSCI Philippines ETF has a 52-week low of $23.17 and a 52-week high of $28.20. The business’s 50-day moving average price is $25.81 and its 200-day moving average price is $25.52. The stock has a market capitalization of $164.52 million, a price-to-earnings ratio of 10.44 and a beta of 0.61.

Hedge Funds Weigh In On iShares MSCI Philippines ETF

Institutional investors have recently modified their holdings of the business. Sun Life Financial Inc. bought a new stake in iShares MSCI Philippines ETF during the second quarter worth $7,566,000. Carrera Capital Advisors raised its stake in shares of iShares MSCI Philippines ETF by 4.7% during the 4th quarter. Carrera Capital Advisors now owns 104,662 shares of the company’s stock worth $2,608,000 after purchasing an additional 4,726 shares during the period. Man Group plc purchased a new position in shares of iShares MSCI Philippines ETF in the 2nd quarter worth about $1,657,000. Royal Bank of Canada grew its position in iShares MSCI Philippines ETF by 3,416.6% during the first quarter. Royal Bank of Canada now owns 56,265 shares of the company’s stock valued at $1,423,000 after buying an additional 54,665 shares during the period. Finally, Natixis grew its position in iShares MSCI Philippines ETF by 51.5% during the second quarter. Natixis now owns 53,359 shares of the company’s stock valued at $1,447,000 after buying an additional 18,143 shares during the period.

iShares MSCI Philippines ETF Company Profile

The iShares MSCI Philippines ETF (EPHE) is an exchange-traded fund that is based on the MSCI Philippines IMI 25\u002F50 index, a free float-adjusted market-cap-weighted index of the broader Filipino equity market. EPHE was launched on Sep 28, 2010 and is managed by BlackRock.