iShares MSCI Singapore ETF (NYSEARCA:EWS – Get Free Report) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 1,793,071 shares, an increase of 217.8% from the August 15th total of 564,156 shares. Based on an average daily volume of 672,063 shares, the days-to-cover ratio is presently 2.7 days. Currently, 5.5% of the company’s stock are short sold.
iShares MSCI Singapore ETF Price Performance
EWS traded up $0.25 during trading on Friday, reaching $33.62. The company had a trading volume of 1,012,395 shares, compared to its average volume of 959,349. iShares MSCI Singapore ETF has a 12 month low of $26.69 and a 12 month high of $34.60. The business’s fifty day moving average price is $32.85 and its 200 day moving average price is $30.23. The company has a market cap of $1.09 billion, a P/E ratio of 15.28 and a beta of 0.56.
Institutional Investors Weigh In On iShares MSCI Singapore ETF
Institutional investors have recently added to or reduced their stakes in the stock. Intesa Sanpaolo Wealth Management bought a new position in iShares MSCI Singapore ETF during the 4th quarter worth about $28,000. Fifth Third Bancorp bought a new stake in shares of iShares MSCI Singapore ETF in the first quarter valued at about $29,000. Purpose Unlimited Inc. bought a new stake in shares of iShares MSCI Singapore ETF in the fourth quarter valued at about $35,000. Harbour Investments Inc. acquired a new position in shares of iShares MSCI Singapore ETF during the fourth quarter worth about $50,000. Finally, Kestra Advisory Services LLC bought a new position in shares of iShares MSCI Singapore ETF during the fourth quarter worth about $109,000. 52.30% of the stock is owned by institutional investors.
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).
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