Short Interest in iShares MSCI Denmark ETF (BATS:EDEN) Decreases By 47.3%

iShares MSCI Denmark ETF (BATS:EDEN) was the recipient of a large decline in short interest in May. As of May 29th, there was short interest totaling 2,400 shares, a decline of 47.3% from the May 14th total of 4,553 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 21,441 shares, the days-to-cover ratio is currently 0.1 days.

iShares MSCI Denmark ETF Price Performance

BATS EDEN opened at $110.98 on Monday. iShares MSCI Denmark ETF has a 52 week low of $98.31 and a 52 week high of $125.64. The firm has a market cap of $221.96 million, a PE ratio of 16.34 and a beta of 0.95. The company has a 50 day moving average price of $110.27 and a 200 day moving average price of $111.72.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of EDEN. Flow Traders U.S. LLC increased its stake in iShares MSCI Denmark ETF by 498.2% during the 3rd quarter. Flow Traders U.S. LLC now owns 14,190 shares of the company’s stock valued at $1,547,000 after purchasing an additional 11,818 shares in the last quarter. Dai ichi Life Holdings Inc. acquired a new position in iShares MSCI Denmark ETF during the 3rd quarter valued at approximately $1,013,000. Vertex Investment Solutions Co. Ltd. acquired a new position in iShares MSCI Denmark ETF during the 1st quarter valued at approximately $704,000. Marotta Asset Management increased its stake in iShares MSCI Denmark ETF by 6.4% during the 1st quarter. Marotta Asset Management now owns 106,133 shares of the company’s stock valued at $11,197,000 after purchasing an additional 6,423 shares in the last quarter. Finally, Jane Street Group LLC increased its stake in iShares MSCI Denmark ETF by 43.6% during the 4th quarter. Jane Street Group LLC now owns 14,489 shares of the company’s stock valued at $1,659,000 after purchasing an additional 4,399 shares in the last quarter.

About iShares MSCI Denmark ETF

The iShares MSCI Denmark ETF (EDEN) is an exchange-traded fund that is based on the MSCI Denmark IMI 25\u002F50 index, a market-cap-weighted index of Danish stocks. EDEN was launched on Jan 25, 2012 and is managed by BlackRock.