iShares MSCI Hong Kong Index Fund (NYSE:EWH) was the target of a significant drop in short interest in August. As of August 15th, there was short interest totalling 3,119,659 shares, a drop of 42.3% from the July 31st total of 5,409,327 shares. Based on an average daily trading volume, of 2,595,992 shares, the days-to-cover ratio is currently 1.2 days.

iShares MSCI Hong Kong Index Fund (NYSE:EWH) opened at 24.69 on Friday. The company’s 50 day moving average price is $24.24 and its 200-day moving average price is $23.16. iShares MSCI Hong Kong Index Fund has a 12-month low of $19.27 and a 12-month high of $24.78.

A number of hedge funds and other institutional investors have recently bought and sold shares of EWH. Toronto Dominion Bank increased its position in iShares MSCI Hong Kong Index Fund by 26.2% in the second quarter. Toronto Dominion Bank now owns 9,449 shares of the exchange traded fund’s stock worth $222,000 after buying an additional 1,961 shares during the period. Afam Capital Inc. increased its position in iShares MSCI Hong Kong Index Fund by 11.3% in the second quarter. Afam Capital Inc. now owns 129,127 shares of the exchange traded fund’s stock worth $3,025,000 after buying an additional 13,075 shares during the period. Kalos Management Inc. increased its position in iShares MSCI Hong Kong Index Fund by 1.3% in the second quarter. Kalos Management Inc. now owns 19,016 shares of the exchange traded fund’s stock worth $445,000 after buying an additional 241 shares during the period. Prudential PLC purchased a new position in iShares MSCI Hong Kong Index Fund during the second quarter worth $66,070,000. Finally, Zurich Insurance Group Ltd FI increased its position in iShares MSCI Hong Kong Index Fund by 39.5% in the second quarter. Zurich Insurance Group Ltd FI now owns 22,157 shares of the exchange traded fund’s stock worth $519,000 after buying an additional 6,279 shares during the period.

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About iShares MSCI Hong Kong Index Fund

iShares MSCI Hong Kong Index Fund, formerly Shares MSCI Hong Kong ETF, (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 Hong Kong market, as measured by the MSCI Hong Kong Index (the Index).

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