iShares MSCI Spain ETF (NYSEARCA:EWP – Get Free Report) saw a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 475,580 shares, a decrease of 36.1% from the September 30th total of 743,878 shares. Approximately 1.4% of the shares of the company are sold short. Based on an average daily volume of 1,098,875 shares, the short-interest ratio is presently 0.4 days.
Hedge Funds Weigh In On iShares MSCI Spain ETF
Institutional investors and hedge funds have recently modified their holdings of the stock. Principal Financial Group Inc. increased its stake in shares of iShares MSCI Spain ETF by 31.3% in the 1st quarter. Principal Financial Group Inc. now owns 395,149 shares of the exchange traded fund’s stock valued at $21,461,000 after purchasing an additional 94,160 shares in the last quarter. Whitcomb & Hess Inc. increased its stake in iShares MSCI Spain ETF by 2.0% during 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. Catalyst Capital Advisors LLC lifted its position in iShares MSCI Spain ETF by 4.3% in the first quarter. Catalyst Capital Advisors LLC now owns 213,236 shares of the exchange traded fund’s stock valued at $11,581,000 after buying an additional 8,798 shares during the last quarter. Moran Wealth Management LLC increased its holdings in iShares MSCI Spain ETF by 18.9% in the 1st quarter. Moran Wealth Management LLC now owns 165,996 shares of the exchange traded fund’s stock valued at $9,015,000 after purchasing an additional 26,416 shares during the last quarter. Finally, CacheTech Inc. grew its position in iShares MSCI Spain ETF by 0.5% in the 1st quarter. CacheTech Inc. now owns 152,935 shares of the exchange traded fund’s stock valued at $8,306,000 after acquiring an additional 723 shares in the last quarter. Institutional investors and hedge funds own 38.17% of the company’s stock.
iShares MSCI Spain ETF Trading Down 0.4%
Shares of NYSEARCA:EWP traded down $0.23 during midday trading on Tuesday, reaching $56.91. 107,410 shares of the company were exchanged, compared to its average volume of 508,933. iShares MSCI Spain ETF has a one year low of $49.33 and a one year high of $63.44. The business’s fifty day moving average is $59.84 and its two-hundred day moving average is $57.96. The stock has a market cap of $1.96 billion, a PE ratio of 10.89 and a beta of 0.67.
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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