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

iShares MSCI Singapore ETF (NYSEARCA:EWS) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totaling 971,689 shares, a decline of 57.8% from the May 31st total of 2,300,318 shares. Based on an average daily volume of 1,463,452 shares, the short-interest ratio is currently 0.7 days. Approximately 3.5% of the shares of the stock are sold short.

Institutional Trading of iShares MSCI Singapore ETF

Large investors have recently bought and sold shares of the business. Quadrature Capital Ltd grew its position in iShares MSCI Singapore ETF by 978.2% in the fourth quarter. Quadrature Capital Ltd now owns 559,475 shares of the company’s stock valued at $15,391,000 after acquiring an additional 507,586 shares during the last quarter. UBS Group AG boosted its stake in shares of iShares MSCI Singapore ETF by 119.8% in the 3rd quarter. UBS Group AG now owns 904,505 shares of the company’s stock valued at $25,634,000 after purchasing an additional 492,982 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of iShares MSCI Singapore ETF in the 4th quarter valued at approximately $8,620,000. Rice Partnership LLC bought a new stake in shares of iShares MSCI Singapore ETF during the 1st quarter valued at approximately $6,131,000. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares MSCI Singapore ETF by 213,957.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 209,776 shares of the company’s stock valued at $5,771,000 after purchasing an additional 209,678 shares during the last quarter. 52.30% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Singapore ETF Trading Down 0.7%

NYSEARCA EWS traded down $0.22 on Tuesday, hitting $29.61. 1,388,798 shares of the company’s stock were exchanged, compared to its average volume of 921,661. The stock has a 50-day moving average of $29.22 and a 200-day moving average of $28.54. The stock has a market cap of $829.08 million, a price-to-earnings ratio of 15.28 and a beta of 0.56. iShares MSCI Singapore ETF has a 52 week low of $25.78 and a 52 week high of $30.01.

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).