iShares MSCI Austria ETF (NYSEARCA:EWO) Short Interest Down 83.0% in July

iShares MSCI Austria ETF (NYSEARCA:EWO) was the target of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 28,296 shares, a drop of 83.0% from the July 15th total of 166,748 shares. Based on an average trading volume of 84,318 shares, the short-interest ratio is currently 0.3 days. Approximately 0.7% of the company’s shares are sold short.

iShares MSCI Austria ETF Stock Up 0.5%

Shares of EWO stock traded up $0.23 on Wednesday, reaching $43.95. 5,136 shares of the stock were exchanged, compared to its average volume of 51,694. The stock has a market cap of $184.59 million, a P/E ratio of 11.04 and a beta of 0.80. The firm has a 50 day moving average of $42.19 and a two-hundred day moving average of $39.41. iShares MSCI Austria ETF has a 1-year low of $30.22 and a 1-year high of $44.50.

Institutional Investors Weigh In On iShares MSCI Austria ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Roan Capital Partners acquired a new position in shares of iShares MSCI Austria ETF in the 2nd quarter valued at about $304,000. Avior Wealth Management LLC purchased a new position in iShares MSCI Austria ETF in the second quarter valued at approximately $777,000. EverSource Wealth Advisors LLC raised its holdings in iShares MSCI Austria ETF by 425.0% in the first quarter. EverSource Wealth Advisors LLC now owns 1,071 shares of the company’s stock valued at $38,000 after buying an additional 867 shares during the period. Royal Bank of Canada lifted its position in iShares MSCI Austria ETF by 59.1% during the first quarter. Royal Bank of Canada now owns 2,288 shares of the company’s stock valued at $82,000 after buying an additional 850 shares in the last quarter. Finally, Dorsey Wright & Associates acquired a new position in iShares MSCI Austria ETF during the first quarter valued at approximately $586,000.

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.