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

iShares MSCI Singapore ETF (NYSEARCA:EWS) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 237,418 shares, a decrease of 19.3% from the November 30th total of 294,279 shares. Based on an average daily volume of 860,991 shares, the short-interest ratio is currently 0.3 days. Currently, 0.8% of the shares of the stock are sold short. Currently, 0.8% of the shares of the stock are sold short. Based on an average daily volume of 860,991 shares, the short-interest ratio is currently 0.3 days.

iShares MSCI Singapore ETF Trading Down 0.8%

Shares of NYSEARCA EWS traded down $0.23 during mid-day trading on Wednesday, reaching $27.51. The company had a trading volume of 288,817 shares, compared to its average volume of 717,675. The company has a 50-day moving average price of $27.97 and a two-hundred day moving average price of $27.67. The stock has a market cap of $845.93 million, a PE ratio of 15.28 and a beta of 0.69. iShares MSCI Singapore ETF has a 1-year low of $20.08 and a 1-year high of $29.65.

Institutional Trading of iShares MSCI Singapore ETF

A number of hedge funds have recently bought and sold shares of EWS. Mirae Asset Global Investments Co. Ltd. lifted its stake in iShares MSCI Singapore ETF by 270.9% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 6,732 shares of the company’s stock worth $175,000 after acquiring an additional 4,917 shares in the last quarter. Barry Investment Advisors LLC grew its stake in iShares MSCI Singapore ETF by 0.4% during the 2nd quarter. Barry Investment Advisors LLC now owns 86,403 shares of the company’s stock valued at $2,245,000 after acquiring an additional 374 shares in the last quarter. Stephens Inc. AR purchased a new position in iShares MSCI Singapore ETF during the 2nd quarter valued at about $207,000. Bleakley Financial Group LLC increased its holdings in shares of iShares MSCI Singapore ETF by 52.1% in the 2nd quarter. Bleakley Financial Group LLC now owns 56,877 shares of the company’s stock valued at $1,478,000 after purchasing an additional 19,481 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in shares of iShares MSCI Singapore ETF by 147.0% in the second quarter. JPMorgan Chase & Co. now owns 851,840 shares of the company’s stock worth $22,131,000 after purchasing an additional 506,960 shares in the last quarter. 52.30% of the stock is owned by hedge funds and other 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).