Short Interest in iShares MSCI Netherlands ETF (NYSEARCA:EWN) Rises By 1,289.7%

iShares MSCI Netherlands ETF (NYSEARCA:EWN) saw a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 1,497,596 shares, a growth of 1,289.7% from the May 14th total of 107,765 shares. Currently, 20.0% of the company’s stock are sold short. Based on an average daily trading volume, of 188,449 shares, the short-interest ratio is presently 7.9 days.

iShares MSCI Netherlands ETF Stock Performance

Shares of iShares MSCI Netherlands ETF stock traded up $1.39 during midday trading on Thursday, hitting $67.92. The company had a trading volume of 215,438 shares, compared to its average volume of 158,681. The stock has a market capitalization of $509.40 million, a P/E ratio of 19.71 and a beta of 1.14. The company has a 50 day moving average of $64.02 and a 200 day moving average of $61.24. iShares MSCI Netherlands ETF has a 52-week low of $50.56 and a 52-week high of $68.62.

Institutional Trading of iShares MSCI Netherlands ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Trek Financial LLC purchased a new stake in shares of iShares MSCI Netherlands ETF in the 4th quarter worth approximately $705,000. Idaho Trust Co grew its stake in shares of iShares MSCI Netherlands ETF by 90.2% in the 4th quarter. Idaho Trust Co now owns 23,731 shares of the exchange traded fund’s stock worth $1,353,000 after buying an additional 11,255 shares during the last quarter. Vertex Investment Solutions Co. Ltd. purchased a new stake in shares of iShares MSCI Netherlands ETF in the 4th quarter worth approximately $1,049,000. Meeder Asset Management Inc. purchased a new stake in iShares MSCI Netherlands ETF during the 1st quarter valued at $481,000. Finally, Outlook Wealth Advisors LLC purchased a new stake in iShares MSCI Netherlands ETF during the 1st quarter valued at $305,000.

About iShares MSCI Netherlands ETF

iShares MSCI Netherlands ETF, formerly iShares MSCI Netherlands Investable Market Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Netherlands Investable Market Index (the Index). The Index consists of stocks traded primarily on the Amsterdam Stock Exchange. Components primarily include consumer staples, financial and industrials companies. The Fund invests in a particular segment of the securities markets and seeks to track the performance of a securities index that generally is not representative of the market as a whole.