iShares MSCI Austria ETF (NYSEARCA:EWO) Sees Significant Growth in Short Interest

iShares MSCI Austria ETF (NYSEARCA:EWO) saw a large growth in short interest in August. As of August 14th, there was short interest totaling 45,616 shares, a growth of 61.2% from the July 30th total of 28,296 shares. Based on an average daily volume of 101,784 shares, the short-interest ratio is currently 0.4 days. Currently, 1.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Royal Bank of Canada boosted its holdings in shares of iShares MSCI Austria ETF by 59.1% during the 1st quarter. Royal Bank of Canada now owns 2,288 shares of the company’s stock worth $82,000 after purchasing an additional 850 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in iShares MSCI Austria ETF by 425.0% during the first quarter. EverSource Wealth Advisors LLC now owns 1,071 shares of the company’s stock worth $38,000 after buying an additional 867 shares in the last quarter. Raymond James Financial Inc. boosted its stake in iShares MSCI Austria ETF by 5.8% during the third quarter. Raymond James Financial Inc. now owns 16,411 shares of the company’s stock worth $509,000 after buying an additional 894 shares during the last quarter. Comerica Bank boosted its stake in iShares MSCI Austria ETF by 466.0% during the first quarter. Comerica Bank now owns 1,217 shares of the company’s stock worth $31,000 after buying an additional 1,002 shares during the last quarter. Finally, Geneos Wealth Management Inc. purchased a new stake in iShares MSCI Austria ETF in the 1st quarter valued at $30,000.

iShares MSCI Austria ETF Stock Performance

Shares of NYSEARCA EWO traded down $0.41 during mid-day trading on Tuesday, reaching $43.63. The company’s stock had a trading volume of 277,668 shares, compared to its average volume of 52,551. The stock has a 50-day moving average of $42.83 and a two-hundred day moving average of $39.98. The stock has a market capitalization of $183.25 million, a P/E ratio of 11.04 and a beta of 0.80. iShares MSCI Austria ETF has a 1-year low of $30.22 and a 1-year high of $44.60.

iShares MSCI Austria ETF Company Profile

iShares MSCI Austria Capped ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the MSCI Austria IMI 25/50 Index (the Underlying Index). The Underlying Index consists of stocks traded on the Vienna Stock Exchange. The Underlying Index is a free-float adjusted market capitalization weighted index with a capping methodology applied to issuer weights so that no single issuer of a component exceeds 25% of the Underlying Index weight and all issuers with weight above 5% do not exceed 50% of the Underlying Index weight.