iShares MSCI Netherlands ETF (NYSEARCA:EWN) Sees Large Increase in Short Interest

iShares MSCI Netherlands ETF (NYSEARCA:EWN) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 104,169 shares, an increase of 193.4% from the August 31st total of 35,510 shares. Based on an average daily volume of 231,989 shares, the days-to-cover ratio is currently 0.4 days. Approximately 1.1% of the shares of the company are short sold.

Institutional Trading of iShares MSCI Netherlands ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Parallel Advisors LLC raised its position in shares of iShares MSCI Netherlands ETF by 15.0% during the first quarter. Parallel Advisors LLC now owns 5,245 shares of the exchange traded fund’s stock worth $302,000 after purchasing an additional 685 shares during the period. Lido Advisors LLC raised its holdings in iShares MSCI Netherlands ETF by 2.2% during the 4th quarter. Lido Advisors LLC now owns 63,646 shares of the exchange traded fund’s stock worth $3,688,000 after buying an additional 1,397 shares during the period. HighTower Advisors LLC raised its holdings in iShares MSCI Netherlands ETF by 3.0% during the 4th quarter. HighTower Advisors LLC now owns 67,806 shares of the exchange traded fund’s stock worth $3,867,000 after buying an additional 1,989 shares during the period. Hsbc Holdings PLC lifted its stake in iShares MSCI Netherlands ETF by 30.6% during the fourth quarter. Hsbc Holdings PLC now owns 11,578 shares of the exchange traded fund’s stock valued at $660,000 after buying an additional 2,710 shares in the last quarter. Finally, Boltwood Capital Management acquired a new position in shares of iShares MSCI Netherlands ETF in the second quarter worth about $292,000.

iShares MSCI Netherlands ETF Trading Up 0.8%

NYSEARCA:EWN traded up $0.51 during midday trading on Friday, hitting $68.01. 47,352 shares of the stock were exchanged, compared to its average volume of 179,256. iShares MSCI Netherlands ETF has a one year low of $54.99 and a one year high of $71.85. The company has a market capitalization of $652.90 million, a price-to-earnings ratio of 19.71 and a beta of 1.13. The business has a 50-day moving average price of $68.21 and a two-hundred day moving average price of $65.70.

iShares MSCI Netherlands ETF Company Profile

iShares MSCI Netherlands ETF, formerly iShares MSCI Netherlands Investable Market Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Netherlands Investable Market Index (the Index). The Index consists of stocks traded primarily on the Amsterdam Stock Exchange. Components primarily include consumer staples, financial and industrials companies. The Fund invests in a particular segment of the securities markets and seeks to track the performance of a securities index that generally is not representative of the market as a whole.