iShares MSCI France ETF (NYSEARCA:EWQ) Shares Shorted: Short Interest Up 80.6% in October

iShares MSCI France ETF (NYSEARCA:EWQ) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 1,560,927 shares, an increase of 80.6% from the September 30th total of 864,399 shares. Currently, 19.5% of the company’s shares are short sold. Based on an average daily trading volume, of 495,115 shares, the days-to-cover ratio is currently 3.2 days.

iShares MSCI France ETF Price Performance

Shares of NYSEARCA:EWQ traded up $0.50 during mid-day trading on Monday, hitting $42.74. The company had a trading volume of 441,838 shares, compared to its average volume of 398,803. iShares MSCI France ETF has a one year low of $40.92 and a one year high of $48.39. The firm has a fifty day moving average price of $43.55 and a 200 day moving average price of $45.03. The company has a market capitalization of $350.47 million, a PE ratio of 17.82 and a beta of 0.85.

Institutional Investors Weigh In On iShares MSCI France ETF

A number of large investors have recently bought and sold shares of EWQ. Lido Advisors LLC boosted its position in shares of iShares MSCI France ETF by 168.4% during the 1st quarter. Lido Advisors LLC now owns 476,275 shares of the exchange traded fund’s stock worth $20,661,000 after purchasing an additional 298,814 shares in the last quarter. Catalyst Capital Advisors LLC grew its stake in shares of iShares MSCI France ETF by 0.8% in the 1st quarter. Catalyst Capital Advisors LLC now owns 180,371 shares of the exchange traded fund’s stock valued at $7,824,000 after buying an additional 1,419 shares during the period. Royal Bank of Canada increased its position in iShares MSCI France ETF by 847.2% in the 1st quarter. Royal Bank of Canada now owns 96,084 shares of the exchange traded fund’s stock valued at $4,167,000 after buying an additional 85,940 shares in the last quarter. Waverly Advisors LLC increased its position in iShares MSCI France ETF by 252,556.7% in the 1st quarter. Waverly Advisors LLC now owns 75,797 shares of the exchange traded fund’s stock valued at $3,288,000 after buying an additional 75,767 shares in the last quarter. Finally, Vertex Investment Solutions Co. Ltd. bought a new stake in iShares MSCI France ETF in the 2nd quarter valued at about $1,729,000. 73.46% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI France ETF Company Profile

iShares MSCI France ETF, formerly iShares MSCI France Index 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 French market, as measured by the MSCI France Index (the Index). The Index seeks to measure the performance of the French equity market. The Index consists of stocks traded primarily on the Paris Stock Exchange. The Fund invests in sectors, such as industrials, financials, energy, consumer discretionary, consumer staples, healthcare, materials, telecommunication services, utilities and information technology.