Short Interest in iShares MSCI Austria ETF (NYSEARCA:EWO) Rises By 548.4%

iShares MSCI Austria ETF (NYSEARCA:EWO) was the recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 47,970 shares, an increase of 548.4% from the November 30th total of 7,398 shares. Approximately 1.4% of the shares of the company are short sold. Based on an average daily trading volume, of 30,466 shares, the days-to-cover ratio is currently 1.6 days. Based on an average daily trading volume, of 30,466 shares, the days-to-cover ratio is currently 1.6 days. Approximately 1.4% of the shares of the company are short sold.

Institutional Trading of iShares MSCI Austria ETF

A number of institutional investors have recently modified their holdings of EWO. Geneos Wealth Management Inc. purchased a new position in iShares MSCI Austria ETF in the 1st quarter valued at approximately $30,000. Comerica Bank boosted its holdings in shares of iShares MSCI Austria ETF by 466.0% in the first quarter. Comerica Bank now owns 1,217 shares of the company’s stock worth $31,000 after acquiring an additional 1,002 shares during the period. Bank of America Corp DE grew its position in shares of iShares MSCI Austria ETF by 92.1% in the second quarter. Bank of America Corp DE now owns 9,134 shares of the company’s stock valued at $269,000 after purchasing an additional 4,380 shares in the last quarter. Cyndeo Wealth Partners LLC bought a new stake in shares of iShares MSCI Austria ETF during the 3rd quarter valued at $300,000. Finally, Raymond James Financial Inc. purchased a new stake in iShares MSCI Austria ETF during the 2nd quarter worth about $456,000.

iShares MSCI Austria ETF Trading Down 0.1%

Shares of EWO stock traded down $0.02 on Friday, hitting $35.22. 2,655 shares of the stock were exchanged, compared to its average volume of 60,095. The firm’s 50 day moving average is $32.49 and its two-hundred day moving average is $31.08. iShares MSCI Austria ETF has a one year low of $20.58 and a one year high of $35.40. The firm has a market capitalization of $119.75 million, a PE ratio of 11.04 and a beta of 0.93.

About iShares MSCI Austria ETF

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.