Short Interest in iShares MSCI Austria ETF (NYSEARCA:EWO) Grows By 95.2%

iShares MSCI Austria ETF (NYSEARCA:EWO) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 93,649 shares, a growth of 95.2% from the December 15th total of 47,970 shares. Approximately 2.6% of the shares of the stock are sold short. Based on an average trading volume of 60,987 shares, the days-to-cover ratio is currently 1.5 days. Based on an average trading volume of 60,987 shares, the days-to-cover ratio is currently 1.5 days. Approximately 2.6% of the shares of the stock are sold short.

Hedge Funds Weigh In On iShares MSCI Austria ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EWO. Geneos Wealth Management Inc. purchased a new stake in iShares MSCI Austria ETF in the 1st quarter valued at $30,000. Comerica Bank increased its stake in iShares MSCI Austria ETF by 466.0% in the 1st quarter. Comerica Bank now owns 1,217 shares of the company’s stock valued at $31,000 after purchasing an additional 1,002 shares in the last quarter. BFI Infinity Ltd. boosted its position in shares of iShares MSCI Austria ETF by 200.0% in the 4th quarter. BFI Infinity Ltd. now owns 6,567 shares of the company’s stock worth $233,000 after buying an additional 13,134 shares in the last quarter. Bank of America Corp DE lifted its stake in iShares MSCI Austria ETF by 92.1% in the 2nd quarter. Bank of America Corp DE now owns 9,134 shares of the company’s stock valued at $269,000 after buying an additional 4,380 shares in the last quarter. Finally, Cyndeo Wealth Partners LLC acquired a new stake in shares of iShares MSCI Austria ETF during the third quarter valued at $300,000.

iShares MSCI Austria ETF Trading Up 0.3%

iShares MSCI Austria ETF stock traded up $0.11 during midday trading on Friday, hitting $36.30. 145,629 shares of the stock were exchanged, compared to its average volume of 81,294. The stock has a market capitalization of $137.94 million, a price-to-earnings ratio of 11.04 and a beta of 0.93. iShares MSCI Austria ETF has a fifty-two week low of $21.30 and a fifty-two week high of $36.30. The stock’s 50-day simple moving average is $34.05 and its 200 day simple moving average is $31.86.

iShares MSCI Austria ETF Company Profile

iShares MSCI Austria Capped ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the MSCI Austria IMI 25/50 Index (the Underlying Index). The Underlying Index consists of stocks traded on the Vienna Stock Exchange. The Underlying 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 Underlying Index weight and all issuers with weight above 5% do not exceed 50% of the Underlying Index weight.