iShares MSCI Spain ETF (NYSEARCA:EWP – Get Free Report) was the target of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 201,737 shares, a decrease of 72.9% from the August 31st total of 744,798 shares. Currently, 0.6% of the company’s stock are sold short. Based on an average daily volume of 432,892 shares, the days-to-cover ratio is presently 0.5 days.
iShares MSCI Spain ETF Stock Performance
Shares of NYSEARCA EWP opened at $61.20 on Friday. The stock’s 50-day simple moving average is $61.66 and its 200-day simple moving average is $58.48. iShares MSCI Spain ETF has a 1 year low of $48.28 and a 1 year high of $63.44. The firm has a market cap of $2.23 billion, a price-to-earnings ratio of 10.89 and a beta of 0.67.
Institutional Trading of iShares MSCI Spain ETF
A number of institutional investors and hedge funds have recently modified their holdings of the business. Whitcomb & Hess Inc. lifted its holdings in iShares MSCI Spain ETF by 2.0% in the second quarter. Whitcomb & Hess Inc. now owns 221,169 shares of the exchange traded fund’s stock worth $13,135,000 after acquiring an additional 4,408 shares during the last quarter. Empowered Funds LLC acquired a new stake in iShares MSCI Spain ETF in the first quarter worth $534,000. EverSource Wealth Advisors LLC boosted its holdings in shares of iShares MSCI Spain ETF by 25.6% during the first quarter. EverSource Wealth Advisors LLC now owns 16,285 shares of the exchange traded fund’s stock valued at $884,000 after acquiring an additional 3,320 shares during the period. Boreal Capital Management LLC boosted its holdings in shares of iShares MSCI Spain ETF by 21.6% during the first quarter. Boreal Capital Management LLC now owns 3,153 shares of the exchange traded fund’s stock valued at $171,000 after acquiring an additional 560 shares during the period. Finally, CacheTech Inc. grew its position in shares of iShares MSCI Spain ETF by 0.5% during the first quarter. CacheTech Inc. now owns 152,935 shares of the exchange traded fund’s stock worth $8,306,000 after acquiring an additional 723 shares during the last quarter. 38.17% of the stock is owned by institutional investors and hedge funds.
About iShares MSCI Spain ETF
iShares MSCI Spain Capped ETF, formerly iShares MSCI Spain Index Fund, is an exchange-traded fund. The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Spanish market, as measured by the MSCI Spain Index (the Index). The Index seeks to measure the performance of the Spanish equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.
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