iShares MSCI Switzerland ETF (NYSEARCA:EWL) Short Interest Up 254.1% in August

iShares MSCI Switzerland ETF (NYSEARCA:EWL) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 860,833 shares, a growth of 254.1% from the July 30th total of 243,108 shares. Approximately 2.5% of the company’s shares are sold short. Based on an average daily trading volume, of 698,140 shares, the days-to-cover ratio is presently 1.2 days.

iShares MSCI Switzerland ETF Price Performance

Shares of iShares MSCI Switzerland ETF stock opened at $63.31 on Friday. The business has a 50-day moving average of $63.21 and a 200 day moving average of $62.01. iShares MSCI Switzerland ETF has a 12 month low of $53.70 and a 12 month high of $65.53. The stock has a market capitalization of $2.19 billion, a price-to-earnings ratio of 21.82 and a beta of 0.77.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in EWL. O Shaughnessy Asset Management LLC grew its holdings in shares of iShares MSCI Switzerland ETF by 6.5% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 2,737 shares of the exchange traded fund’s stock valued at $164,000 after purchasing an additional 168 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in iShares MSCI Switzerland ETF by 2.0% in the third quarter. Raymond James Financial Inc. now owns 11,424 shares of the exchange traded fund’s stock valued at $631,000 after purchasing an additional 227 shares during the period. Cetera Investment Advisers grew its stake in iShares MSCI Switzerland ETF by 1.7% during the 1st quarter. Cetera Investment Advisers now owns 13,719 shares of the exchange traded fund’s stock worth $807,000 after purchasing an additional 228 shares in the last quarter. Quantinno Capital Management LP grew its stake in iShares MSCI Switzerland ETF by 1.3% during the 1st quarter. Quantinno Capital Management LP now owns 18,553 shares of the exchange traded fund’s stock worth $1,091,000 after purchasing an additional 237 shares in the last quarter. Finally, Comerica Bank increased its holdings in iShares MSCI Switzerland ETF by 9.0% during the 4th quarter. Comerica Bank now owns 3,380 shares of the exchange traded fund’s stock worth $203,000 after purchasing an additional 279 shares during the period. Hedge funds and other institutional investors own 68.30% of the company’s stock.

About iShares MSCI Switzerland ETF

iShares MSCI Switzerland Capped ETF (the Fund), formerly iShares MSCI Switzerland Capped Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Switzerland 25/50 Index (the Index). The Index consists of stocks traded primarily on the Zurich Stock Exchange. The 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 Index weight and all issuers with weight above 5% do not exceed 50% of the Index weight.