iShares MSCI United Kingdom ETF (NYSEARCA:EWU – Get Free Report) was the target of a large increase in short interest in May. As of May 29th, there was short interest totaling 9,432,179 shares, an increase of 291.5% from the May 14th total of 2,409,051 shares. Based on an average daily trading volume, of 1,562,810 shares, the short-interest ratio is currently 6.0 days. Approximately 12.8% of the company’s stock are sold short.
Institutional Trading of iShares MSCI United Kingdom ETF
Large investors have recently bought and sold shares of the business. Royal Bank of Canada lifted its stake in shares of iShares MSCI United Kingdom ETF by 117.2% in the 1st quarter. Royal Bank of Canada now owns 4,707,428 shares of the company’s stock worth $214,472,000 after acquiring an additional 2,539,863 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of iShares MSCI United Kingdom ETF by 134.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,326,876 shares of the company’s stock worth $55,689,000 after acquiring an additional 759,844 shares during the period. Bank of America Corp DE lifted its stake in shares of iShares MSCI United Kingdom ETF by 23.1% in the 2nd quarter. Bank of America Corp DE now owns 3,663,638 shares of the company’s stock worth $145,520,000 after acquiring an additional 686,519 shares during the period. Picton Mahoney Asset Management lifted its stake in shares of iShares MSCI United Kingdom ETF by 101.0% in the 4th quarter. Picton Mahoney Asset Management now owns 6,220 shares of the company’s stock worth $274,000 after acquiring an additional 640,000 shares during the period. Finally, Union Bancaire Privee UBP SA lifted its stake in shares of iShares MSCI United Kingdom ETF by 26,300.2% in the 4th quarter. Union Bancaire Privee UBP SA now owns 506,091 shares of the company’s stock worth $22,323,000 after acquiring an additional 504,174 shares during the period. Institutional investors and hedge funds own 58.38% of the company’s stock.
iShares MSCI United Kingdom ETF Stock Up 0.6%
NYSEARCA:EWU traded up $0.26 during trading hours on Friday, reaching $47.16. 1,911,892 shares of the company’s stock were exchanged, compared to its average volume of 2,014,587. The firm has a market capitalization of $3.48 billion, a price-to-earnings ratio of 15.42 and a beta of 0.59. The company has a 50-day moving average of $46.91 and a 200 day moving average of $45.83. iShares MSCI United Kingdom ETF has a 1-year low of $38.74 and a 1-year high of $48.92.
iShares MSCI United Kingdom ETF Company Profile
The iShares MSCI United Kingdom ETF (EWU) is an exchange-traded fund that is based on the MSCI United Kingdom index. The fund tracks a market cap-weighted index of British companies. It covers the top 85% of British companies by market cap. EWU was launched on Mar 12, 1996 and is managed by BlackRock.
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