iShares MSCI France ETF (NYSEARCA:EWQ) Short Interest Up 59.5% in March

iShares MSCI France ETF (NYSEARCA:EWQ) saw a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 917,250 shares, an increase of 59.5% from the February 26th total of 575,072 shares. Approximately 10.7% of the company’s stock are sold short. Based on an average daily volume of 661,891 shares, the short-interest ratio is currently 1.4 days.

iShares MSCI France ETF Trading Down 0.9%

EWQ traded down $0.38 during trading on Friday, reaching $41.87. The stock had a trading volume of 464,537 shares, compared to its average volume of 480,472. The company has a market capitalization of $360.08 million, a price-to-earnings ratio of 17.82 and a beta of 0.98. The stock’s 50 day moving average is $45.28 and its two-hundred day moving average is $44.79. iShares MSCI France ETF has a one year low of $35.24 and a one year high of $48.39.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Boltwood Capital Management lifted its stake in shares of iShares MSCI France ETF by 3.2% in the fourth quarter. Boltwood Capital Management now owns 9,650 shares of the exchange traded fund’s stock worth $434,000 after buying an additional 300 shares in the last quarter. Comerica Bank raised its holdings in iShares MSCI France ETF by 54.9% in the 1st quarter. Comerica Bank now owns 1,182 shares of the exchange traded fund’s stock worth $47,000 after acquiring an additional 419 shares during the last quarter. Vontobel Holding Ltd. lifted its position in iShares MSCI France ETF by 0.9% in the 3rd quarter. Vontobel Holding Ltd. now owns 55,335 shares of the exchange traded fund’s stock valued at $2,431,000 after acquiring an additional 475 shares in the last quarter. BNP Paribas Financial Markets lifted its position in iShares MSCI France ETF by 106.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 949 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 489 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in iShares MSCI France ETF during the 2nd quarter valued at $30,000. 73.46% of the stock is currently owned by institutional investors.

iShares MSCI France ETF Company Profile

iShares MSCI France ETF, formerly iShares MSCI France Index 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 French market, as measured by the MSCI France Index (the Index). The Index seeks to measure the performance of the French equity market. The Index consists of stocks traded primarily on the Paris Stock Exchange. The Fund invests in sectors, such as industrials, financials, energy, consumer discretionary, consumer staples, healthcare, materials, telecommunication services, utilities and information technology.