iShares MSCI Netherlands ETF (NYSEARCA:EWN) Short Interest Down 19.4% in March

iShares MSCI Netherlands ETF (NYSEARCA:EWN) was the recipient of a large decrease in short interest during the month of March. As of March 31st, there was short interest totaling 215,452 shares, a decrease of 19.4% from the March 15th total of 267,310 shares. Approximately 3.1% of the company’s stock are short sold. Based on an average daily volume of 149,340 shares, the days-to-cover ratio is currently 1.4 days.

iShares MSCI Netherlands ETF Stock Down 0.8%

Shares of NYSEARCA EWN traded down $0.51 during mid-day trading on Thursday, reaching $63.14. 50,325 shares of the company were exchanged, compared to its average volume of 132,696. The stock has a market cap of $454.61 million, a price-to-earnings ratio of 19.71 and a beta of 1.15. iShares MSCI Netherlands ETF has a 1 year low of $45.75 and a 1 year high of $64.02. The firm has a 50-day moving average of $60.38 and a 200 day moving average of $59.41.

Institutional Investors Weigh In On iShares MSCI Netherlands ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. CIBC Private Wealth Group LLC purchased a new stake in iShares MSCI Netherlands ETF in the fourth quarter valued at about $33,000. Global Retirement Partners LLC raised its stake in iShares MSCI Netherlands ETF by 54.7% in the third quarter. Global Retirement Partners LLC now owns 1,205 shares of the exchange traded fund’s stock valued at $70,000 after buying an additional 426 shares during the last quarter. AlphaCentric Advisors LLC purchased a new stake in iShares MSCI Netherlands ETF in the fourth quarter valued at about $128,000. Raymond James Financial Inc. purchased a new stake in iShares MSCI Netherlands ETF in the second quarter valued at about $143,000. Finally, Lunt Capital Management Inc. purchased a new stake in iShares MSCI Netherlands ETF in the third quarter valued at about $213,000.

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.