iShares MSCI Switzerland ETF (NYSEARCA:EWL) Short Interest Update

iShares MSCI Switzerland ETF (NYSEARCA:EWL) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 376,373 shares, a drop of 56.3% from the August 15th total of 860,833 shares. Based on an average daily volume of 335,189 shares, the short-interest ratio is currently 1.1 days. Currently, 1.1% of the shares of the stock are short sold.

Institutional Trading of iShares MSCI Switzerland ETF

Hedge funds have recently added to or reduced their stakes in the stock. Bayban bought a new stake in iShares MSCI Switzerland ETF in the fourth quarter valued at approximately $35,000. Howe & Rusling Inc. acquired a new position in shares of iShares MSCI Switzerland ETF in the 1st quarter worth approximately $39,000. Harbour Investments Inc. boosted its stake in shares of iShares MSCI Switzerland ETF by 359.2% in the 4th quarter. Harbour Investments Inc. now owns 822 shares of the exchange traded fund’s stock valued at $49,000 after purchasing an additional 643 shares during the last quarter. International Assets Investment Management LLC increased its position in shares of iShares MSCI Switzerland ETF by 793.7% during the first quarter. International Assets Investment Management LLC now owns 1,126 shares of the exchange traded fund’s stock worth $67,000 after buying an additional 1,000 shares during the period. Finally, Parallel Advisors LLC increased its position in shares of iShares MSCI Switzerland ETF by 52.0% during the first quarter. Parallel Advisors LLC now owns 1,480 shares of the exchange traded fund’s stock worth $87,000 after buying an additional 506 shares during the period. Institutional investors and hedge funds own 68.30% of the company’s stock.

iShares MSCI Switzerland ETF Trading Up 0.1%

NYSEARCA EWL traded up $0.05 on Wednesday, hitting $60.30. 204,352 shares of the company’s stock were exchanged, compared to its average volume of 604,587. iShares MSCI Switzerland ETF has a 52 week low of $53.70 and a 52 week high of $65.53. The stock has a 50-day moving average of $62.97 and a 200-day moving average of $61.81. The stock has a market cap of $2.09 billion, a price-to-earnings ratio of 21.82 and a beta of 0.77.

About iShares MSCI Switzerland ETF

iShares MSCI Switzerland Capped ETF (the Fund), formerly iShares MSCI Switzerland Capped Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Switzerland 25/50 Index (the Index). The Index consists of stocks traded primarily on the Zurich Stock Exchange. The Index is a free-float adjusted market capitalization weighted index with a capping methodology applied to issuer weights so that no single issuer of a component exceeds 25% of the Index weight and all issuers with weight above 5% do not exceed 50% of the Index weight.