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- Short Interest in EWU increases to 3.57M shares, up 138% from one year prior
- Total numbers of funds disclosing positions declined 5.68%
- Average allocation of funds down 7% in the most recent quarter
- Options market put/call ratio is neutral at 1.1
Fintel.io, a provider of advanced financial research tools for investors, reports on macro fund flows into country-tracking ETFs and equities.
“Fund flow into country-tracking ETFs and changes in short interest provide insights into institutional sentiment in the country’s future outlook,” said Wilton Risenhoover, founder and CEO of Fintel. “Our Funds Flow Leaderboard - UK analyzes changes to a security’s owners count and allocation in order to pinpoint those that have high levels of institutional accumulation. This helps retail investors identify potential profit opportunities.”
Institutional accumulation refers to securities being bought by professional and institutional investors such as hedge funds, mutual funds, and pensions. The buying and selling actions of professional and institutional investors can correlate to the stock’s price rising or falling. Taking note of the level of institutional investment helps investors make profitable decisions.
Institutional Fund Flows into NYSE:EWU - iShares MSCI United Kingdom ETF shows the following activity over the last quarter:
- Short Interest decreased about 15% from it’s recent highs of 4.2M shares at the end of November to 3.57M shares this month, indicating a slightly improving outlook. However, this is significantly higher than the 1.5M shares reported one year prior, which suggests an ongoing negative outlook.
- The total number of funds disclosing positions dropped 5.68% to 248 funds in the last three months, indicating a slightly negative outlook.
- Average portfolio allocation by funds declined 7% in the most recent quarter
- The options put/call ratio is 1.14, indicating a slightly negative outlook
The Ownership Allocation Score (OAS) ranges from 0 to 100, with higher numbers indicating a higher level of accumulation relative to its peers.
Significant changes in flows into the UK’s largest companies:
- RDSB / Royal Dutch Shell PLC total owners declined slightly by 0.07% to 1,517 disclosed funds, while average allocation increased 10.27%. The OAS for RDSB is 70, indicating a higher than average accumulation by funds.
- BHP / BHP Group total owners declined slightly to 1,119 and average allocation declined 14.93. The OAS is 15.41, indicating a significant decline in interest by funds.
- HSBC Holdings average allocation declined 2.57% and the Ownership Allocation Score is 41.37 out of 100, also indicating a decline in institutional interest.
- Glencore PLC average allocation increased 9.26% and the Ownership Allocation Score is 83.35 out of 100, also indicating an increase in institutional interest.
- CCL / Carnival PLC total disclosed owners declined 10.82%, average allocation declined 28% and OAS is 8.21, indicating significant divestment by funds.
In addition to the Funds Flow leaderboard, data-driven retail investors that subscribe to Fintel.io have access to comprehensive ownership data of US institutions, mutual funds, and ETFs targeting equities and bonds in mature, emerging, and frontier markets. The platform also provides insight into mutual funds and EFTs that are shorting stocks, and allows users to track activist hedge funds to uncover potential profit.
For more information visit https://fintel.io.
