iShares MSCI Sweden ETF (NYSEARCA:EWD) Short Interest Up 76.0% in May

iShares MSCI Sweden ETF (NYSEARCA:EWD) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 278,164 shares, a growth of 76.0% from the May 14th total of 158,089 shares. Approximately 4.6% of the company’s stock are sold short. Based on an average daily volume of 171,938 shares, the short-interest ratio is currently 1.6 days.

iShares MSCI Sweden ETF Stock Down 1.5%

EWD stock traded down $0.79 during mid-day trading on Monday, reaching $50.86. 124,957 shares of the stock traded hands, compared to its average volume of 162,190. iShares MSCI Sweden ETF has a 52 week low of $42.99 and a 52 week high of $54.93. The business has a 50-day moving average of $51.73 and a two-hundred day moving average of $51.00. The firm has a market capitalization of $308.72 million, a PE ratio of 20.15 and a beta of 1.08.

Institutional Investors Weigh In On iShares MSCI Sweden ETF

A number of hedge funds have recently bought and sold shares of the company. Bank of America Corp DE boosted its holdings in iShares MSCI Sweden ETF by 2.8% during the first quarter. Bank of America Corp DE now owns 802,185 shares of the company’s stock valued at $39,082,000 after acquiring an additional 21,649 shares during the period. Jane Street Group LLC boosted its holdings in iShares MSCI Sweden ETF by 23.7% during the second quarter. Jane Street Group LLC now owns 301,466 shares of the company’s stock valued at $13,789,000 after acquiring an additional 57,741 shares during the period. Wellington Management Group LLP boosted its holdings in iShares MSCI Sweden ETF by 1.3% during the fourth quarter. Wellington Management Group LLP now owns 288,268 shares of the company’s stock valued at $14,191,000 after acquiring an additional 3,746 shares during the period. Marotta Asset Management boosted its holdings in iShares MSCI Sweden ETF by 0.5% during the first quarter. Marotta Asset Management now owns 204,189 shares of the company’s stock valued at $10,118,000 after acquiring an additional 995 shares during the period. Finally, Royal Bank of Canada boosted its holdings in iShares MSCI Sweden ETF by 243.3% during the fourth quarter. Royal Bank of Canada now owns 171,667 shares of the company’s stock valued at $8,451,000 after acquiring an additional 121,666 shares during the period. 49.63% of the stock is currently owned by institutional investors.

iShares MSCI Sweden ETF Company Profile

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