iShares MSCI Austria ETF (NYSEARCA:EWO) Short Interest Update

iShares MSCI Austria ETF (NYSEARCA:EWO) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totaling 35,650 shares, an increase of 1,601.7% from the May 31st total of 2,095 shares. Approximately 1.1% of the shares of the company are sold short. Based on an average daily trading volume, of 36,681 shares, the days-to-cover ratio is currently 1.0 days.

Institutional Investors Weigh In On iShares MSCI Austria ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC lifted its holdings 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 valued at $38,000 after purchasing an additional 867 shares in the last quarter. Royal Bank of Canada increased its stake in shares of iShares MSCI Austria ETF by 59.1% in the first quarter. Royal Bank of Canada now owns 2,288 shares of the company’s stock worth $82,000 after purchasing an additional 850 shares in the last quarter. Dorsey Wright & Associates purchased a new stake in shares of iShares MSCI Austria ETF in the first quarter worth $586,000. Zacks Investment Management increased its stake in shares of iShares MSCI Austria ETF by 17.8% in the fourth quarter. Zacks Investment Management now owns 53,146 shares of the company’s stock worth $1,885,000 after purchasing an additional 8,043 shares in the last quarter. Finally, Focus Partners Wealth bought a new stake in shares of iShares MSCI Austria ETF during the 4th quarter valued at $1,846,000.

iShares MSCI Austria ETF Price Performance

Shares of EWO stock traded up $0.25 during trading hours on Thursday, reaching $42.25. 58,400 shares of the company traded hands, compared to its average volume of 45,371. iShares MSCI Austria ETF has a 12-month low of $28.70 and a 12-month high of $43.60. The company has a market cap of $141.54 million, a P/E ratio of 11.04 and a beta of 0.81. The firm has a 50-day moving average price of $40.34 and a 200 day moving average price of $37.75.

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.