Short Interest in iShares MSCI Netherlands ETF (NYSEARCA:EWN) Rises By 1,289.7%

iShares MSCI Netherlands ETF (NYSEARCA:EWN) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 1,497,596 shares, an increase of 1,289.7% from the May 14th total of 107,765 shares. Based on an average daily trading volume, of 188,449 shares, the short-interest ratio is currently 7.9 days. Approximately 20.0% of the company’s stock are sold short.

Institutional Trading of iShares MSCI Netherlands ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EWN. The Manufacturers Life Insurance Company grew its holdings in iShares MSCI Netherlands ETF by 22.7% during the fourth quarter. The Manufacturers Life Insurance Company now owns 931,889 shares of the exchange traded fund’s stock worth $53,146,000 after buying an additional 172,502 shares in the last quarter. Lido Advisors LLC boosted its holdings in iShares MSCI Netherlands ETF by 157.0% during the 1st quarter. Lido Advisors LLC now owns 163,571 shares of the exchange traded fund’s stock worth $9,407,000 after acquiring an additional 99,925 shares during the last quarter. Bank of America Corp DE boosted its holdings in iShares MSCI Netherlands ETF by 864.0% during the 3rd quarter. Bank of America Corp DE now owns 76,388 shares of the exchange traded fund’s stock worth $4,431,000 after acquiring an additional 68,464 shares during the last quarter. Royal Bank of Canada grew its stake in shares of iShares MSCI Netherlands ETF by 2,545.5% in the 4th quarter. Royal Bank of Canada now owns 32,143 shares of the exchange traded fund’s stock worth $1,833,000 after acquiring an additional 30,928 shares in the last quarter. Finally, Integrated Wealth Concepts LLC grew its stake in shares of iShares MSCI Netherlands ETF by 461.3% in the 4th quarter. Integrated Wealth Concepts LLC now owns 24,777 shares of the exchange traded fund’s stock worth $1,413,000 after acquiring an additional 20,363 shares in the last quarter.

iShares MSCI Netherlands ETF Price Performance

Shares of NYSEARCA EWN traded down $0.87 during mid-day trading on Wednesday, reaching $66.60. 130,758 shares of the company’s stock traded hands, compared to its average volume of 157,892. The business has a 50-day simple moving average of $63.80 and a 200 day simple moving average of $61.16. The stock has a market cap of $499.50 million, a P/E ratio of 19.71 and a beta of 1.14. iShares MSCI Netherlands ETF has a 1-year low of $50.56 and a 1-year high of $68.62.

About iShares MSCI Netherlands ETF

iShares MSCI Netherlands ETF, formerly iShares MSCI Netherlands Investable Market 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 Netherlands Investable Market Index (the Index). The Index consists of stocks traded primarily on the Amsterdam Stock Exchange. Components primarily include consumer staples, financial and industrials companies. The Fund invests in a particular segment of the securities markets and seeks to track the performance of a securities index that generally is not representative of the market as a whole.