US Fund Flows and Short Interest in Australian Tracking ETF Suggest Positive Outlook for Australian Markets

October 08 23:37 2021
Short Interest in iShares MSCI Australia ETF (NYSE:EWA) declined 44% Average Portfolio Allocation by Funds in EWA Increased 21.97%.

NEW YORK – October 8, 2021 – 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 outlook,” said Wilton Risenhoover, founder and CEO of Fintel. “Our Funds Flow Leaderboard – Australia analyzes changes to a security’s owners count and allocation in order to pinpoint those that have high levels of institutional accumulation. This helps 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:EWA – iShares MSCI Australia ETF shows the following activity:

  • Short Interest in Australian ETF EWA declined 44% in the last four weeks, from 3.9M shares to 1.78M shares
  • Aggregate shares held in long positions increased 9.01% an increase of 2.66M shares over the last 90 days.
  • Average fund allocation of EWA increased 21.97% to 0.312% over the last 90 days
  • The Fintel Ownership Allocation Score is 67.04 out of 100 indicating an above-average accumulation by institutional investors

The Ownership Allocation Score (OAS) ranges from 0 to 100, with higher numbers indicating a higher level of accumulation relative to its peers.

Notable changes in institutional ownership in Australian-listed companies:

  • CBA / Commonwealth Bank of Australia – total owners disclosing positions in CBA climbed 11% from 287 to 319, but average allocation of existing owners declined 7% over the quarter.
  • ANZ / Australia & New Zealand Banking Group – total owners disclosing positions in ANZ increased 7.32% from 287 to 308 over the quarter, but theaverage allocations of existing funds declined by 9.19% to 0.409%.
  • WES / Wesfarmers – owners disclosing long positions increased 2.8% from 320 to 329 and average allocation of funds increased 7.84% to 0.432%.
  • TLS / Telstra Corp – owners disclosing positions increased 5.71% from 245 to 259 and average allocation of funds increased 4.04% to 0.219%.
  • APT / Afterpay – total owners increased slightly from 266 to 272 owners but average allocation declined 10.14% to 0.249%.
  • ALL / Aristocrat Leisure – total disclosed owners increased 8.8% from 249 to 271 and average allocation of funds increased 14.56% to 0.286%.

In addition to the Funds Flow leaderboard, data-driven 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.

About Fintel.io:

Fintel.io is a leading equity research platform designed to help data-driven investors make better investing decisions. Fintel provides deep analytics on a variety of market data, including fund ownership, insider trading activity, short interest, and company financials. Fintel currently tracks over 3500 funds and over 500,000 securities traded worldwide. Information includes fund holdings, fund sentiment, financial data, and regulatory filings (including SEC, LSE, ASX, and SGX). Fintel was founded by Wilton Risenhoover.

For more information visit https://fintel.io.

About Finpedia.co

Fintel.io developed Finpedia.co as another resource for investors. Finpedia is a financial wiki that aims to develop research reports on every publicly traded company in the world. These research reports are crowdsourced from public documents such as regulatory filings and news reports.

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