iShares MSCI Italy ETF (NYSEARCA:EWI – Get Free Report) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 1,125,116 shares, a growth of 525.7% from the September 15th total of 179,824 shares. Approximately 5.6% of the shares of the stock are short sold. Based on an average daily volume of 281,878 shares, the days-to-cover ratio is currently 4.0 days.
iShares MSCI Italy ETF Trading Up 0.5%
EWI traded up $0.27 during trading on Friday, hitting $56.32. The company’s stock had a trading volume of 2,424,743 shares, compared to its average volume of 464,764. iShares MSCI Italy ETF has a twelve month low of $50.05 and a twelve month high of $63.76. The business’s fifty day simple moving average is $61.16 and its 200 day simple moving average is $59.42. The firm has a market capitalization of $1.14 billion, a price-to-earnings ratio of 12.30 and a beta of 0.88.
Institutional Inflows and Outflows
Several large investors have recently made changes to their positions in EWI. Monument Capital Management grew its stake in iShares MSCI Italy ETF by 0.4% in the 3rd quarter. Monument Capital Management now owns 74,156 shares of the exchange traded fund’s stock valued at $4,354,000 after acquiring an additional 273 shares during the period. Integrated Wealth Concepts LLC purchased a new stake in iShares MSCI Italy ETF in the 2nd quarter worth $1,058,000. Nilsine Partners LLC increased its holdings in iShares MSCI Italy ETF by 1.6% in the 2nd quarter. Nilsine Partners LLC now owns 179,139 shares of the exchange traded fund’s stock worth $10,612,000 after acquiring an additional 2,900 shares in the last quarter. Knollwood Investment Advisory LLC acquired a new position in iShares MSCI Italy ETF during the second quarter worth $1,007,000. Finally, Pacifica Partners Inc. acquired a new position in iShares MSCI Italy ETF during the second quarter worth $30,000. 37.96% of the stock is owned by institutional investors and hedge funds.
About iShares MSCI Italy ETF
iShares MSCI Italy Capped ETF, formerly iShares MSCI Italy Capped Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Italy 25/50 Index (Index). The Index consists of stocks traded primarily on the Milan Stock Exchange. The Underlying 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 Underlying Index weight and all issuers with weight above 5% do not exceed 50% of the Underlying Index weight.
See Also
- Five stocks we like better than iShares MSCI Italy ETF
- 3 Stocks Chopped in Half: Why These Drops May Be Structural, Not a Dip
- Home Depot and Lowe’s Hit 52-Week Lows—But Analysts Aren’t Giving Up
- Utilities Are Bouncing Back—These 2 Giants Could Signal the Next Big Sector Rally
- Q3 Earnings Could Blow Past Consensus—Be Ready for What Comes Next
Receive News & Ratings for iShares MSCI Italy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Italy ETF and related companies with MarketBeat.com's FREE daily email newsletter.
