iShares MSCI Switzerland ETF (NYSEARCA:EWL) Short Interest Down 71.8% in June

iShares MSCI Switzerland ETF (NYSEARCA:EWL) saw a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 736,934 shares, a decline of 71.8% from the May 31st total of 2,614,927 shares. Based on an average trading volume of 489,334 shares, the short-interest ratio is presently 1.5 days. Approximately 2.9% of the shares of the company are sold short.

Institutional Investors Weigh In On iShares MSCI Switzerland ETF

A number of large investors have recently made changes to their positions in EWL. Royal Bank of Canada lifted its stake in shares of iShares MSCI Switzerland ETF by 26.8% in the 1st quarter. Royal Bank of Canada now owns 185,839 shares of the exchange traded fund’s stock worth $9,624,000 after purchasing an additional 39,296 shares during the period. Cetera Investment Advisers increased its holdings in iShares MSCI Switzerland ETF by 3.2% during the second quarter. Cetera Investment Advisers now owns 13,241 shares of the exchange traded fund’s stock valued at $726,000 after buying an additional 407 shares during the last quarter. NewEdge Advisors LLC purchased a new stake in iShares MSCI Switzerland ETF during the second quarter valued at approximately $1,094,000. Quantinno Capital Management LP raised its position in iShares MSCI Switzerland ETF by 6.8% in the second quarter. Quantinno Capital Management LP now owns 19,738 shares of the exchange traded fund’s stock worth $1,082,000 after acquiring an additional 1,255 shares during the period. Finally, Raymond James Financial Inc. raised its position in iShares MSCI Switzerland ETF by 4.1% in the second quarter. Raymond James Financial Inc. now owns 11,197 shares of the exchange traded fund’s stock worth $614,000 after acquiring an additional 439 shares during the period. 68.30% of the stock is currently owned by institutional investors.

iShares MSCI Switzerland ETF Stock Performance

iShares MSCI Switzerland ETF stock opened at $62.40 on Friday. The stock has a market cap of $1.60 billion, a PE ratio of 21.82 and a beta of 0.77. iShares MSCI Switzerland ETF has a one year low of $51.83 and a one year high of $65.53. The stock has a fifty day moving average of $61.76 and a 200 day moving average of $61.08.

iShares MSCI Switzerland ETF Company Profile

iShares MSCI Switzerland Capped ETF (the Fund), formerly iShares MSCI Switzerland Capped Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Switzerland 25/50 Index (the Index). The Index consists of stocks traded primarily on the Zurich Stock Exchange. The 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 Index weight and all issuers with weight above 5% do not exceed 50% of the Index weight.