Short Interest in iShares MSCI Austria ETF (NYSEARCA:EWO) Expands By 1,601.7%

iShares MSCI Austria ETF (NYSEARCA:EWO) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 35,650 shares, an increase of 1,601.7% from the May 31st total of 2,095 shares. Based on an average trading volume of 36,681 shares, the days-to-cover ratio is presently 1.0 days. Approximately 1.1% of the shares of the company are short sold.

Institutional Trading of iShares MSCI Austria ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Arlington Capital Management Inc. boosted its holdings in shares of iShares MSCI Austria ETF by 54.6% in the 4th quarter. Arlington Capital Management Inc. now owns 153,235 shares of the company’s stock valued at $5,435,000 after acquiring an additional 54,131 shares during the last quarter. Focus Partners Wealth purchased a new stake in iShares MSCI Austria ETF in the fourth quarter valued at $1,846,000. Jane Street Group LLC boosted its holdings in iShares MSCI Austria ETF by 90.9% in the second quarter. Jane Street Group LLC now owns 40,407 shares of the company’s stock valued at $1,188,000 after purchasing an additional 19,240 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in iShares MSCI Austria ETF during the 3rd quarter worth about $527,000. Finally, Dorsey Wright & Associates acquired a new stake in iShares MSCI Austria ETF during the 1st quarter worth about $586,000.

iShares MSCI Austria ETF Trading Down 1.6%

Shares of EWO stock traded down $0.67 during mid-day trading on Friday, reaching $41.58. The stock had a trading volume of 22,328 shares, compared to its average volume of 45,197. iShares MSCI Austria ETF has a 1-year low of $28.84 and a 1-year high of $43.60. The firm has a market cap of $139.29 million, a price-to-earnings ratio of 11.04 and a beta of 0.81. The business’s fifty day moving average is $40.38 and its 200-day moving average is $37.78.

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.