iShares MSCI Belgium ETF (NYSEARCA:EWK) Short Interest Down 44.9% in May

iShares MSCI Belgium ETF (NYSEARCA:EWK) was the recipient of a large decrease in short interest during the month of May. As of May 31st, there was short interest totalling 46,200 shares, a decrease of 44.9% from the May 15th total of 83,900 shares. Currently, 3.4% of the shares of the company are short sold. Based on an average daily volume of 41,400 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Investors Weigh In On iShares MSCI Belgium ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Wealthfront Advisers LLC purchased a new stake in shares of iShares MSCI Belgium ETF during the 4th quarter valued at about $1,327,000. Jane Street Group LLC grew its stake in shares of iShares MSCI Belgium ETF by 106.4% during the 4th quarter. Jane Street Group LLC now owns 61,919 shares of the company’s stock valued at $1,132,000 after acquiring an additional 31,919 shares during the period. Finally, OLD Mission Capital LLC grew its stake in shares of iShares MSCI Belgium ETF by 152.0% during the 1st quarter. OLD Mission Capital LLC now owns 46,034 shares of the company’s stock valued at $908,000 after acquiring an additional 27,766 shares during the period.

iShares MSCI Belgium ETF Stock Performance

Shares of NYSEARCA EWK traded down $0.24 during midday trading on Friday, hitting $22.21. 71,091 shares of the company’s stock traded hands, compared to its average volume of 20,286. iShares MSCI Belgium ETF has a 1 year low of $17.74 and a 1 year high of $22.50. The stock has a market capitalization of $30.21 million, a price-to-earnings ratio of 17.34 and a beta of 0.81. The firm has a fifty day moving average of $21.08 and a 200 day moving average of $19.72.

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).