iShares MSCI Austria ETF (NYSEARCA:EWO) Short Interest Down 62.2% in May

iShares MSCI Austria ETF (NYSEARCA:EWO) saw a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 2,095 shares, a drop of 62.2% from the May 14th total of 5,541 shares. Based on an average trading volume of 17,594 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Geneos Wealth Management Inc. bought a new position in shares of iShares MSCI Austria ETF during the 1st quarter worth approximately $30,000. Comerica Bank boosted its stake in shares of iShares MSCI Austria ETF by 466.0% during the 1st quarter. Comerica Bank now owns 1,217 shares of the company’s stock worth $31,000 after acquiring an additional 1,002 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in iShares MSCI Austria ETF by 425.0% during the 1st 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 during the last quarter. Harbour Investments Inc. acquired a new stake in iShares MSCI Austria ETF during the 4th quarter valued at $46,000. Finally, Royal Bank of Canada lifted its holdings in iShares MSCI Austria ETF by 59.1% during the 1st quarter. Royal Bank of Canada now owns 2,288 shares of the company’s stock valued at $82,000 after purchasing an additional 850 shares during the last quarter.

iShares MSCI Austria ETF Trading Up 1.4%

Shares of EWO traded up $0.57 during midday trading on Friday, reaching $42.05. The stock had a trading volume of 15,822 shares, compared to its average volume of 46,209. The firm has a 50 day simple moving average of $39.37 and a 200-day simple moving average of $37.11. iShares MSCI Austria ETF has a one year low of $27.56 and a one year high of $42.14. The firm has a market cap of $140.87 million, a PE ratio of 11.04 and a beta of 0.81.

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.