iShares MSCI Spain ETF (NYSEARCA:EWP – Get Free Report) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 743,878 shares, a growth of 268.7% from the September 15th total of 201,737 shares. Based on an average daily trading volume, of 374,695 shares, the short-interest ratio is currently 2.0 days. Approximately 1.8% of the company’s shares are sold short.
iShares MSCI Spain ETF Price Performance
EWP remained flat at $57.90 during trading on Friday. The company’s stock had a trading volume of 6,448,249 shares, compared to its average volume of 527,915. The stock has a market capitalization of $2.30 billion, a price-to-earnings ratio of 10.89 and a beta of 0.67. iShares MSCI Spain ETF has a 12-month low of $48.28 and a 12-month high of $63.44. The business’s fifty day simple moving average is $61.39 and its two-hundred day simple moving average is $58.86.
Institutional Trading of iShares MSCI Spain ETF
Several large investors have recently made changes to their positions in EWP. Wealthfront Advisers LLC grew its stake in iShares MSCI Spain ETF by 7.2% in the first quarter. Wealthfront Advisers LLC now owns 5,298 shares of the exchange traded fund’s stock valued at $288,000 after acquiring an additional 357 shares during the period. Boreal Capital Management LLC raised its position in shares of iShares MSCI Spain ETF by 21.6% during the first quarter. Boreal Capital Management LLC now owns 3,153 shares of the exchange traded fund’s stock worth $171,000 after purchasing an additional 560 shares during the period. Farther Finance Advisors LLC raised its position in shares of iShares MSCI Spain ETF by 156.1% during the third quarter. Farther Finance Advisors LLC now owns 986 shares of the exchange traded fund’s stock worth $58,000 after purchasing an additional 601 shares during the period. Global Assets Advisory LLC lifted its holdings in shares of iShares MSCI Spain ETF by 8.0% in the 1st quarter. Global Assets Advisory LLC now owns 9,205 shares of the exchange traded fund’s stock worth $500,000 after purchasing an additional 679 shares in the last quarter. Finally, CacheTech Inc. lifted its holdings in shares of iShares MSCI Spain ETF by 0.5% in the 1st quarter. CacheTech Inc. now owns 152,935 shares of the exchange traded fund’s stock worth $8,306,000 after purchasing an additional 723 shares in the last quarter. 38.17% of the stock is currently owned by institutional investors and hedge funds.
iShares MSCI Spain ETF Company Profile
iShares MSCI Spain Capped ETF, formerly iShares MSCI Spain Index 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 Spanish market, as measured by the MSCI Spain Index (the Index). The Index seeks to measure the performance of the Spanish equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.
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