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

iShares MSCI Philippines ETF (NYSEARCA:EPHE) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 570,948 shares, an increase of 93.1% from the May 14th total of 295,722 shares. Based on an average trading volume of 107,648 shares, the days-to-cover ratio is presently 5.3 days. Currently, 10.7% of the shares of the stock are short sold.

Institutional Investors Weigh In On iShares MSCI Philippines ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. acquired a new stake in iShares MSCI Philippines ETF in the second quarter valued at $30,000. Stelac Advisory Services LLC purchased a new position in shares of iShares MSCI Philippines ETF in the fourth quarter valued at $104,000. Amundi purchased a new position in shares of iShares MSCI Philippines ETF in the second quarter valued at $222,000. Orion Porfolio Solutions LLC increased its position in shares of iShares MSCI Philippines ETF by 5.3% in the second quarter. Orion Porfolio Solutions LLC now owns 8,674 shares of the company’s stock valued at $235,000 after buying an additional 440 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. purchased a new position in shares of iShares MSCI Philippines ETF in the first quarter valued at $231,000.

iShares MSCI Philippines ETF Stock Performance

iShares MSCI Philippines ETF stock traded up $1.14 during midday trading on Monday, reaching $26.14. The company’s stock had a trading volume of 287,264 shares, compared to its average volume of 147,809. iShares MSCI Philippines ETF has a fifty-two week low of $23.17 and a fifty-two week high of $28.40. The stock’s 50 day simple moving average is $24.81 and its 200 day simple moving average is $25.38. The firm has a market capitalization of $139.85 million, a PE ratio of 10.44 and a beta of 0.56.

About iShares MSCI Philippines ETF

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.