iShares MSCI Sweden ETF (NYSEARCA:EWD – Get Free Report) was the recipient of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 85,824 shares, a decrease of 59.0% from the July 15th total of 209,581 shares. Approximately 0.8% of the company’s stock are sold short. Based on an average trading volume of 174,599 shares, the days-to-cover ratio is presently 0.5 days.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Royal Bank of Canada increased its stake in iShares MSCI Sweden ETF by 64.3% during the 1st quarter. Royal Bank of Canada now owns 64,695 shares of the company’s stock worth $2,721,000 after buying an additional 25,309 shares during the period. Jones Financial Companies Lllp boosted its position in iShares MSCI Sweden ETF by 398.7% in the 1st quarter. Jones Financial Companies Lllp now owns 1,157 shares of the company’s stock valued at $49,000 after buying an additional 925 shares during the last quarter. Goldman Sachs Group Inc. purchased a new position in iShares MSCI Sweden ETF in the 1st quarter valued at about $215,000. Jane Street Group LLC boosted its position in iShares MSCI Sweden ETF by 234.6% in the 1st quarter. Jane Street Group LLC now owns 243,725 shares of the company’s stock valued at $10,256,000 after buying an additional 170,892 shares during the last quarter. Finally, Rhumbline Advisers grew its stake in shares of iShares MSCI Sweden ETF by 76.8% during the first quarter. Rhumbline Advisers now owns 2,900 shares of the company’s stock valued at $122,000 after acquiring an additional 1,260 shares in the last quarter. 49.63% of the stock is currently owned by hedge funds and other institutional investors.
iShares MSCI Sweden ETF Trading Up 0.3%
NYSEARCA:EWD traded up $0.16 during trading hours on Friday, hitting $52.90. The stock had a trading volume of 51,564 shares, compared to its average volume of 213,999. iShares MSCI Sweden ETF has a 1-year low of $45.34 and a 1-year high of $54.93. The business has a 50 day simple moving average of $50.92 and a two-hundred day simple moving average of $51.46. The company has a market cap of $587.19 million, a PE ratio of 20.15 and a beta of 1.08.
About iShares MSCI Sweden ETF
Ishares
Featured Stories
- Five stocks we like better than iShares MSCI Sweden ETF
- Is Best Buy the AI Winner Hiding in the Electronics Aisle?
- Applied Materials Beat Everything but Wall Street’s Expectations for Margins
- Back From Orbit, Intuitive Machines’ Share Price Enters the Buy Zone
- Texas Roadhouse and Brinker International Have the Recipe Rivals Are Missing
Receive News & Ratings for iShares MSCI Sweden ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Sweden ETF and related companies with MarketBeat.com's FREE daily email newsletter.
