iShares MSCI Belgium ETF (NYSEARCA:EWK) Short Interest Down 64.0% in June

iShares MSCI Belgium ETF (NYSEARCA:EWK) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 67,673 shares, a drop of 64.0% from the June 15th total of 187,767 shares. Approximately 1.1% of the company’s stock are short sold. Based on an average daily trading volume, of 34,408 shares, the days-to-cover ratio is presently 2.0 days.

iShares MSCI Belgium ETF Stock Performance

iShares MSCI Belgium ETF stock traded up $0.04 during mid-day trading on Wednesday, reaching $26.34. 47,534 shares of the company were exchanged, compared to its average volume of 44,581. The business has a fifty day moving average of $26.75 and a 200 day moving average of $25.92. The firm has a market cap of $160.15 million, a P/E ratio of 18.50 and a beta of 0.68. iShares MSCI Belgium ETF has a 12-month low of $21.74 and a 12-month high of $27.73.

Institutional Investors Weigh In On iShares MSCI Belgium ETF

Hedge funds have recently made changes to their positions in the stock. OLD Mission Capital LLC boosted its stake in iShares MSCI Belgium ETF by 2,710.8% in the fourth quarter. OLD Mission Capital LLC now owns 253,534 shares of the company’s stock valued at $6,161,000 after acquiring an additional 244,514 shares in the last quarter. Moran Wealth Management LLC increased its position in shares of iShares MSCI Belgium ETF by 388.1% during the fourth quarter. Moran Wealth Management LLC now owns 289,506 shares of the company’s stock worth $7,036,000 after purchasing an additional 230,193 shares in the last quarter. Hilltop Holdings Inc. acquired a new position in shares of iShares MSCI Belgium ETF during the fourth quarter worth $2,529,000. Geneos Wealth Management Inc. purchased a new stake in shares of iShares MSCI Belgium ETF during the 2nd quarter valued at $1,502,000. Finally, Cetera Investment Advisers purchased a new stake in shares of iShares MSCI Belgium ETF during the 1st quarter valued at $1,653,000.

About iShares MSCI Belgium ETF

iShares MSCI Belgium Capped ETF, formerly iShares MSCI Belgium Capped Investable Market Index Fund (the 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 Belgian market, as measured by the MSCI Belgium Investable Market Index (the Index). The Index seeks to measure the performance of the Belgian equity market. It is a capitalization-weighted index that aims to capture 99% of the (publicly available) total market capitalization.