iShares MSCI Malaysia ETF (NYSEARCA:EWM) Short Interest Up 81.7% in August

iShares MSCI Malaysia ETF (NYSEARCA:EWM) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 416,300 shares, an increase of 81.7% from the August 15th total of 229,129 shares. Approximately 3.6% of the company’s shares are short sold. Based on an average daily trading volume, of 210,514 shares, the short-interest ratio is currently 2.0 days.

Institutional Investors Weigh In On iShares MSCI Malaysia ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Jessup Wealth Management Inc bought a new position in iShares MSCI Malaysia ETF during the 4th quarter valued at $72,000. Innealta Capital LLC purchased a new stake in shares of iShares MSCI Malaysia ETF during the first quarter worth $250,000. Cullen Capital Management LLC acquired a new stake in iShares MSCI Malaysia ETF during the second quarter valued at $312,000. First Growth Capital LLC acquired a new position in shares of iShares MSCI Malaysia ETF in the 4th quarter valued at $356,000. Finally, NewEdge Advisors LLC acquired a new position in shares of iShares MSCI Malaysia ETF in the 1st quarter valued at $364,000. Hedge funds and other institutional investors own 86.75% of the company’s stock.

iShares MSCI Malaysia ETF Stock Up 0.1%

Shares of EWM traded up $0.03 on Thursday, hitting $27.49. 586,032 shares of the stock traded hands, compared to its average volume of 335,964. iShares MSCI Malaysia ETF has a 1 year low of $25.23 and a 1 year high of $30.64. The stock’s 50 day moving average is $28.08 and its two-hundred day moving average is $28.40. The firm has a market capitalization of $317.51 million, a P/E ratio of 14.29 and a beta of 0.46.

About iShares MSCI Malaysia ETF

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.