iShares MSCI Canada ETF (NYSEARCA:EWC) Short Interest Update

iShares MSCI Canada ETF (NYSEARCA:EWC) was the target of a significant drop in short interest in December. As of December 31st, there was short interest totaling 3,571,526 shares, a drop of 23.5% from the December 15th total of 4,670,023 shares. Currently, 5.0% of the company’s stock are short sold. Based on an average daily volume of 1,753,866 shares, the short-interest ratio is presently 2.0 days. Based on an average daily volume of 1,753,866 shares, the short-interest ratio is presently 2.0 days. Currently, 5.0% of the company’s stock are short sold.

Institutional Trading of iShares MSCI Canada ETF

A number of large investors have recently added to or reduced their stakes in the company. Balyasny Asset Management L.P. bought a new position in shares of iShares MSCI Canada ETF in the 2nd quarter valued at about $51,589,000. Bank of Nova Scotia acquired a new stake in iShares MSCI Canada ETF in the 2nd quarter valued at about $40,619,000. Bank of Montreal Can grew its holdings in iShares MSCI Canada ETF by 152.1% during the second quarter. Bank of Montreal Can now owns 1,304,333 shares of the exchange traded fund’s stock worth $60,260,000 after purchasing an additional 787,009 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. increased its position in iShares MSCI Canada ETF by 871.0% during the third quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 663,041 shares of the exchange traded fund’s stock worth $33,482,000 after buying an additional 594,755 shares during the last quarter. Finally, CSM Advisors LLC raised its stake in iShares MSCI Canada ETF by 666.5% in the second quarter. CSM Advisors LLC now owns 411,135 shares of the exchange traded fund’s stock valued at $18,999,000 after buying an additional 357,500 shares during the period.

iShares MSCI Canada ETF Price Performance

EWC stock traded down $0.09 during mid-day trading on Friday, reaching $55.13. The company had a trading volume of 1,347,941 shares, compared to its average volume of 2,241,581. The company has a market capitalization of $3.95 billion, a price-to-earnings ratio of 19.77 and a beta of 0.94. iShares MSCI Canada ETF has a 52 week low of $36.70 and a 52 week high of $55.38. The stock has a 50 day simple moving average of $53.11 and a two-hundred day simple moving average of $50.27.

iShares MSCI Canada ETF Company Profile

iShares MSCI Canada ETF (the Fund), formerly iShares MSCI Canada Index Fund, is an exchange-traded fund (ETF). 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 Canadian market, as measured by the MSCI Canada Index (the Index). The Index seeks to measure the performance of the Canadian equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.