iShares MSCI Austria ETF (NYSEARCA:EWO) Short Interest Update

iShares MSCI Austria ETF (NYSEARCA:EWO) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 166,748 shares, an increase of 213.6% from the June 30th total of 53,171 shares. Based on an average trading volume of 40,873 shares, the short-interest ratio is presently 4.1 days. Currently, 4.1% of the company’s shares are short sold.

Hedge Funds Weigh In On iShares MSCI Austria ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Royal Bank of Canada lifted its position in iShares MSCI Austria ETF by 59.1% in the first quarter. Royal Bank of Canada now owns 2,288 shares of the company’s stock worth $82,000 after buying an additional 850 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in iShares MSCI Austria ETF by 425.0% during the first quarter. EverSource Wealth Advisors LLC now owns 1,071 shares of the company’s stock worth $38,000 after buying an additional 867 shares during the period. Raymond James Financial Inc. increased its position in iShares MSCI Austria ETF by 5.8% during the third quarter. Raymond James Financial Inc. now owns 16,411 shares of the company’s stock valued at $509,000 after acquiring an additional 894 shares during the last quarter. Comerica Bank increased its position in iShares MSCI Austria ETF by 466.0% during the first quarter. Comerica Bank now owns 1,217 shares of the company’s stock valued at $31,000 after acquiring an additional 1,002 shares during the last quarter. Finally, Geneos Wealth Management Inc. bought a new position in iShares MSCI Austria ETF during the first quarter valued at $30,000.

iShares MSCI Austria ETF Stock Performance

EWO opened at $41.80 on Monday. The stock has a 50-day moving average of $41.55 and a 200 day moving average of $38.83. iShares MSCI Austria ETF has a 12 month low of $29.08 and a 12 month high of $43.60. The firm has a market cap of $175.56 million, a P/E ratio of 11.04 and a beta of 0.80.

iShares MSCI Austria ETF Company Profile

iShares MSCI Austria Capped ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the MSCI Austria IMI 25/50 Index (the Underlying Index). The Underlying Index consists of stocks traded on the Vienna 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.