iShares MSCI Belgium ETF (NYSEARCA:EWK) Sees Large Decrease in Short Interest

iShares MSCI Belgium ETF (NYSEARCA:EWKGet Free Report) saw a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 187,767 shares, a decline of 86.9% from the May 31st total of 1,432,337 shares. Approximately 4.3% of the company’s shares are short sold. Based on an average trading volume of 42,714 shares, the days-to-cover ratio is currently 4.4 days.

Hedge Funds Weigh In On iShares MSCI Belgium ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Cetera Investment Advisers bought a new stake in shares of iShares MSCI Belgium ETF during the 1st quarter valued at $1,653,000. Moran Wealth Management LLC boosted its position in shares of iShares MSCI Belgium ETF by 18.5% in the 1st quarter. Moran Wealth Management LLC now owns 342,921 shares of the company’s stock worth $8,337,000 after purchasing an additional 53,415 shares during the last quarter. OLD Mission Capital LLC grew its stake in shares of iShares MSCI Belgium ETF by 2,710.8% during the fourth quarter. OLD Mission Capital LLC now owns 253,534 shares of the company’s stock worth $6,161,000 after purchasing an additional 244,514 shares during the period. Hilltop Holdings Inc. acquired a new stake in shares of iShares MSCI Belgium ETF during the fourth quarter worth $2,529,000. Finally, DRW Securities LLC increased its holdings in iShares MSCI Belgium ETF by 39.0% in the fourth quarter. DRW Securities LLC now owns 23,400 shares of the company’s stock valued at $569,000 after purchasing an additional 6,566 shares during the last quarter.

iShares MSCI Belgium ETF Trading Up 0.3%

iShares MSCI Belgium ETF stock traded up $0.08 during mid-day trading on Friday, hitting $26.94. The stock had a trading volume of 137,868 shares, compared to its average volume of 44,868. iShares MSCI Belgium ETF has a 12 month low of $21.74 and a 12 month high of $27.73. The stock has a 50-day simple moving average of $26.51 and a two-hundred day simple moving average of $25.70. The stock has a market capitalization of $118.54 million, a PE ratio of 18.50 and a beta of 0.68.

About iShares MSCI Belgium ETF

(Get Free Report)

iShares MSCI Belgium Capped ETF, formerly iShares MSCI Belgium Capped Investable Market Index Fund (the 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 Belgian market, as measured by the MSCI Belgium Investable Market Index (the Index). The Index seeks to measure the performance of the Belgian equity market. It is a capitalization-weighted index that aims to capture 99% of the (publicly available) total market capitalization.

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