Short Interest in iShares MSCI Taiwan Index (EWT) Decreases By 44.4%

iShares MSCI Taiwan Index (NYSEARCA:EWT) was the recipient of a significant drop in short interest in January. As of January 31st, there was short interest totalling 1,696,431 shares, a drop of 44.4% from the January 12th total of 3,053,179 shares. Based on an average trading volume of 5,494,544 shares, the days-to-cover ratio is presently 0.3 days.

iShares MSCI Taiwan Index (NYSEARCA:EWT) opened at $37.06 on Thursday. The company has a market cap of $3,820.00 and a P/E ratio of -7.13. iShares MSCI Taiwan Index has a one year low of $31.63 and a one year high of $39.35.

Several hedge funds have recently bought and sold shares of EWT. Ameriprise Financial Inc. purchased a new position in shares of iShares MSCI Taiwan Index during the second quarter worth approximately $342,000. Northern Trust Corp increased its stake in shares of iShares MSCI Taiwan Index by 12.4% in the second quarter. Northern Trust Corp now owns 873,536 shares of the exchange traded fund’s stock worth $31,238,000 after buying an additional 96,161 shares during the period. FMR LLC purchased a new position in shares of iShares MSCI Taiwan Index in the second quarter worth $2,217,000. Parametric Portfolio Associates LLC increased its stake in shares of iShares MSCI Taiwan Index by 8.0% in the second quarter. Parametric Portfolio Associates LLC now owns 87,321 shares of the exchange traded fund’s stock worth $3,123,000 after buying an additional 6,486 shares during the period. Finally, Stifel Financial Corp increased its stake in shares of iShares MSCI Taiwan Index by 15.2% in the second quarter. Stifel Financial Corp now owns 30,722 shares of the exchange traded fund’s stock worth $1,100,000 after buying an additional 4,048 shares during the period.

WARNING: This story was first posted by American Banking News and is the sole property of of American Banking News. If you are viewing this story on another site, it was illegally copied and reposted in violation of U.S. and international copyright laws. The correct version of this story can be viewed at https://www.americanbankingnews.com/2018/02/15/short-interest-in-ishares-msci-taiwan-index-ewt-decreases-by-44-4.html.

About iShares MSCI Taiwan Index

Ishares MSCI Taiwan Index Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Taiwan IndexSM (the Index). The Index consists of stocks traded primarily on the Taiwan Stock Exchange.

Receive News & Ratings for iShares MSCI Taiwan Index Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Taiwan Index and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply