iShares MSCI Belgium ETF (NYSEARCA:EWK) Stock Short Interest Rises 102.4%

iShares MSCI Belgium ETF (NYSEARCA:EWK) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 146,032 shares, a growth of 102.4% from the September 15th total of 72,165 shares. Currently, 1.6% of the shares of the company are short sold. Based on an average daily trading volume, of 71,076 shares, the days-to-cover ratio is presently 2.1 days.

iShares MSCI Belgium ETF Stock Performance

iShares MSCI Belgium ETF stock traded down $0.00 during trading hours on Wednesday, reaching $25.18. 4,782 shares of the stock were exchanged, compared to its average volume of 43,857. iShares MSCI Belgium ETF has a 52-week low of $23.22 and a 52-week high of $27.96. The stock has a market cap of $233.66 million, a P/E ratio of 18.50 and a beta of 0.68. The firm’s 50 day moving average is $26.76 and its 200 day moving average is $26.48.

Hedge Funds Weigh In On iShares MSCI Belgium ETF

A hedge fund recently bought a new stake in iShares MSCI Belgium ETF stock. Cetera Investment Advisers acquired a new position in shares of iShares MSCI Belgium ETF (NYSEARCA:EWK) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 67,993 shares of the company’s stock, valued at approximately $1,653,000. Cetera Investment Advisers owned 1.55% of iShares MSCI Belgium ETF at the end of the most recent quarter.

iShares MSCI Belgium ETF Company Profile

iShares MSCI Belgium Capped ETF, formerly iShares MSCI Belgium Capped Investable Market Index Fund (the Fund), is an exchange-traded fund. The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Belgian market, as measured by the MSCI Belgium Investable Market Index (the Index). The Index seeks to measure the performance of the Belgian equity market. It is a capitalization-weighted index that aims to capture 99% of the (publicly available) total market capitalization.