Short Interest in iShares MSCI United Kingdom ETF (NYSEARCA:EWU) Grows By 53.9%

iShares MSCI United Kingdom ETF (NYSEARCA:EWU) was the target of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 3,656,121 shares, a growth of 53.9% from the January 29th total of 2,375,489 shares. Approximately 5.7% of the company’s stock are sold short. Based on an average daily trading volume, of 2,751,149 shares, the short-interest ratio is presently 1.3 days. Based on an average daily trading volume, of 2,751,149 shares, the short-interest ratio is presently 1.3 days. Approximately 5.7% of the company’s stock are sold short.

Institutional Trading of iShares MSCI United Kingdom ETF

A number of large investors have recently made changes to their positions in EWU. Evelyn Partners Investment Management LLP lifted its position in iShares MSCI United Kingdom ETF by 216.7% during the fourth quarter. Evelyn Partners Investment Management LLP now owns 950 shares of the company’s stock valued at $42,000 after purchasing an additional 650 shares during the period. Allworth Financial LP grew its position in iShares MSCI United Kingdom ETF by 105.8% in the 4th quarter. Allworth Financial LP now owns 963 shares of the company’s stock worth $42,000 after purchasing an additional 495 shares during the period. TD Waterhouse Canada Inc. raised its stake in iShares MSCI United Kingdom ETF by 28.6% during the 4th quarter. TD Waterhouse Canada Inc. now owns 1,002 shares of the company’s stock valued at $44,000 after buying an additional 223 shares during the last quarter. Farther Finance Advisors LLC bought a new position in shares of iShares MSCI United Kingdom ETF during the 3rd quarter valued at $46,000. Finally, Colonial Trust Advisors purchased a new position in shares of iShares MSCI United Kingdom ETF in the 4th quarter worth $53,000. 58.38% of the stock is currently owned by institutional investors.

iShares MSCI United Kingdom ETF Stock Up 0.1%

NYSEARCA:EWU opened at $48.68 on Friday. iShares MSCI United Kingdom ETF has a 52 week low of $32.76 and a 52 week high of $48.92. The company’s 50 day moving average price is $45.91 and its 200-day moving average price is $43.55. The stock has a market cap of $3.15 billion, a price-to-earnings ratio of 15.42 and a beta of 0.71.

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.