iShares MSCI Spain ETF (NYSEARCA:EWP) Short Interest Update

iShares MSCI Spain ETF (NYSEARCA:EWP) was the target of a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 772,073 shares, a decline of 34.0% from the December 15th total of 1,169,416 shares. Based on an average daily volume of 614,042 shares, the short-interest ratio is currently 1.3 days. Approximately 2.3% of the shares of the company are sold short. Approximately 2.3% of the shares of the company are sold short. Based on an average daily volume of 614,042 shares, the short-interest ratio is currently 1.3 days.

Institutional Trading of iShares MSCI Spain ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Hsbc Holdings PLC lifted its holdings in iShares MSCI Spain ETF by 17.0% during the 2nd quarter. Hsbc Holdings PLC now owns 4,389,321 shares of the exchange traded fund’s stock valued at $193,262,000 after buying an additional 639,320 shares in the last quarter. Flow Traders U.S. LLC purchased a new position in iShares MSCI Spain ETF in the second quarter worth $30,710,000. Tradewinds Capital Management LLC increased its holdings in shares of iShares MSCI Spain ETF by 126,837.9% during the second quarter. Tradewinds Capital Management LLC now owns 689,273 shares of the exchange traded fund’s stock valued at $30,349,000 after acquiring an additional 688,730 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of iShares MSCI Spain ETF in the 2nd quarter valued at $16,165,000. Finally, Bank of Nova Scotia acquired a new stake in shares of iShares MSCI Spain ETF during the second quarter worth about $13,548,000. 38.17% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Spain ETF Stock Performance

Shares of iShares MSCI Spain ETF stock traded up $0.38 during trading hours on Friday, hitting $54.65. The company’s stock had a trading volume of 710,985 shares, compared to its average volume of 755,244. iShares MSCI Spain ETF has a 12-month low of $31.76 and a 12-month high of $55.25. The business has a 50 day moving average price of $52.87 and a two-hundred day moving average price of $49.46. The company has a market cap of $1.82 billion, a PE ratio of 10.89 and a beta of 0.86.

About iShares MSCI Spain ETF

iShares MSCI Spain Capped ETF, formerly iShares MSCI Spain Index 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 Spanish market, as measured by the MSCI Spain Index (the Index). The Index seeks to measure the performance of the Spanish equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.