iShares MSCI Switzerland ETF (NYSEARCA:EWL) Short Interest Update

iShares MSCI Switzerland ETF (NYSEARCA:EWL) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 541,066 shares, an increase of 121.8% from the December 15th total of 243,991 shares. Based on an average daily volume of 356,008 shares, the days-to-cover ratio is presently 1.5 days. Approximately 2.1% of the shares of the company are sold short. Approximately 2.1% of the shares of the company are sold short. Based on an average daily volume of 356,008 shares, the days-to-cover ratio is presently 1.5 days.

iShares MSCI Switzerland ETF Stock Down 0.6%

Shares of EWL traded down $0.35 during trading hours on Thursday, hitting $60.52. The company had a trading volume of 612,932 shares, compared to its average volume of 511,503. The firm has a market cap of $1.63 billion, a price-to-earnings ratio of 21.82 and a beta of 0.81. The business has a fifty day moving average of $58.70 and a 200-day moving average of $56.44. iShares MSCI Switzerland ETF has a 12 month low of $46.22 and a 12 month high of $60.90.

Institutional Investors Weigh In On iShares MSCI Switzerland ETF

Hedge funds have recently bought and sold shares of the stock. Edmond DE Rothschild Holding S.A. acquired a new position in shares of iShares MSCI Switzerland ETF in the second quarter valued at approximately $38,000. Advisory Services Network LLC acquired a new stake in iShares MSCI Switzerland ETF during the 3rd quarter worth approximately $44,000. MAI Capital Management boosted its stake in iShares MSCI Switzerland ETF by 631.1% in the 3rd quarter. MAI Capital Management now owns 965 shares of the exchange traded fund’s stock valued at $53,000 after purchasing an additional 833 shares during the period. Parallel Advisors LLC acquired a new position in iShares MSCI Switzerland ETF in the 2nd quarter valued at $56,000. Finally, IFP Advisors Inc bought a new position in iShares MSCI Switzerland ETF during the 3rd quarter worth $60,000. 68.30% of the stock is currently owned by institutional investors and hedge funds.

About iShares MSCI Switzerland ETF

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.