iShares MSCI Switzerland ETF (NYSEARCA:EWL) Short Interest Up 121.8% in December

iShares MSCI Switzerland ETF (NYSEARCA:EWL) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 541,066 shares, an increase of 121.8% from the December 15th total of 243,991 shares. Approximately 2.1% of the company’s stock are sold short. Based on an average daily volume of 356,008 shares, the short-interest ratio is currently 1.5 days. Based on an average daily volume of 356,008 shares, the short-interest ratio is currently 1.5 days. Approximately 2.1% of the company’s stock are sold short.

iShares MSCI Switzerland ETF Stock Up 1.0%

iShares MSCI Switzerland ETF stock traded up $0.58 during mid-day trading on Wednesday, reaching $60.75. 164,375 shares of the company’s stock were exchanged, compared to its average volume of 471,021. iShares MSCI Switzerland ETF has a one year low of $46.22 and a one year high of $60.82. The firm has a market capitalization of $1.63 billion, a PE ratio of 21.82 and a beta of 0.81. The business’s fifty day simple moving average is $58.48 and its 200 day simple moving average is $56.38.

Institutional Investors Weigh In On iShares MSCI Switzerland ETF

A number of large investors have recently added to or reduced their stakes in EWL. Wealth Enhancement Advisory Services LLC boosted its holdings in iShares MSCI Switzerland ETF by 2.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 6,700 shares of the exchange traded fund’s stock valued at $406,000 after acquiring an additional 173 shares during the period. Henrickson Nauta Wealth Advisors Inc. boosted its stake in shares of iShares MSCI Switzerland ETF by 100.0% during the 4th quarter. Henrickson Nauta Wealth Advisors Inc. now owns 14,356 shares of the exchange traded fund’s stock valued at $869,000 after purchasing an additional 7,178 shares in the last quarter. Boltwood Capital Management increased its position in shares of iShares MSCI Switzerland ETF by 3.4% during the fourth quarter. Boltwood Capital Management now owns 6,075 shares of the exchange traded fund’s stock valued at $364,000 after buying an additional 200 shares during the period. JPMorgan Chase & Co. raised its stake in iShares MSCI Switzerland ETF by 142.2% in the third quarter. JPMorgan Chase & Co. now owns 725,576 shares of the exchange traded fund’s stock worth $40,081,000 after buying an additional 425,970 shares in the last quarter. Finally, Allworth Financial LP lifted its holdings in iShares MSCI Switzerland ETF by 13.8% in the third quarter. Allworth Financial LP now owns 1,510 shares of the exchange traded fund’s stock worth $83,000 after buying an additional 183 shares during the period. Hedge funds and other institutional investors own 68.30% of the company’s stock.

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.