iShares MSCI Singapore ETF (NYSEARCA:EWS) Sees Large Increase in Short Interest

iShares MSCI Singapore ETF (NYSEARCA:EWS) saw a significant growth in short interest in March. As of March 13th, there was short interest totaling 793,235 shares, a growth of 34.4% from the February 26th total of 590,328 shares. Approximately 2.9% of the company’s stock are short sold. Based on an average trading volume of 1,569,813 shares, the short-interest ratio is presently 0.5 days.

Hedge Funds Weigh In On iShares MSCI Singapore ETF

Several institutional investors have recently bought and sold shares of EWS. JPMorgan Chase & Co. boosted its stake 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 worth $22,131,000 after acquiring an additional 506,960 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in iShares MSCI Singapore ETF by 3.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 18,243 shares of the company’s stock worth $474,000 after purchasing an additional 624 shares during the last quarter. Marshall Wace LLP bought a new stake in iShares MSCI Singapore ETF during the second quarter worth approximately $1,833,000. Amundi grew its holdings in iShares MSCI Singapore ETF by 10.7% during the second quarter. Amundi now owns 412,700 shares of the company’s stock valued at $10,685,000 after purchasing an additional 39,800 shares during the last quarter. Finally, Brown Advisory Inc. grew its holdings in iShares MSCI Singapore ETF by 28.0% during the second quarter. Brown Advisory Inc. now owns 108,130 shares of the company’s stock valued at $2,809,000 after purchasing an additional 23,625 shares during the last quarter. 52.30% of the stock is currently owned by institutional investors.

iShares MSCI Singapore ETF Stock Down 0.1%

Shares of EWS traded down $0.03 during mid-day trading on Friday, hitting $27.58. 463,377 shares of the company’s stock were exchanged, compared to its average volume of 983,661. The stock has a market cap of $751.56 million, a price-to-earnings ratio of 15.28 and a beta of 0.69. The firm has a fifty day moving average of $28.22 and a two-hundred day moving average of $28.23. iShares MSCI Singapore ETF has a twelve month low of $20.08 and a twelve month high of $29.65.

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).