iShares MSCI Italy ETF (NYSEARCA:EWI) Sees Large Increase in Short Interest

iShares MSCI Italy ETF (NYSEARCA:EWI) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 605,473 shares, an increase of 63.3% from the July 30th total of 370,812 shares. Based on an average daily volume of 669,104 shares, the short-interest ratio is currently 0.9 days. Approximately 3.6% of the shares of the stock are sold short.

Institutional Trading of iShares MSCI Italy ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Montag A & Associates Inc. raised its stake in iShares MSCI Italy ETF by 25.7% during the fourth quarter. Montag A & Associates Inc. now owns 65,301 shares of the exchange traded fund’s stock worth $3,548,000 after acquiring an additional 13,341 shares in the last quarter. Parkway Wealth Management Group LLC boosted its stake in shares of iShares MSCI Italy ETF by 1.5% in the 1st quarter. Parkway Wealth Management Group LLC now owns 622,607 shares of the exchange traded fund’s stock valued at $35,507,000 after purchasing an additional 9,250 shares in the last quarter. Providence First Trust Co acquired a new stake in shares of iShares MSCI Italy ETF in the 4th quarter valued at approximately $695,000. Arlington Capital Management Inc. grew its holdings in shares of iShares MSCI Italy ETF by 69.0% during the 1st quarter. Arlington Capital Management Inc. now owns 102,278 shares of the exchange traded fund’s stock valued at $5,464,000 after purchasing an additional 41,754 shares during the last quarter. Finally, Moran Wealth Management LLC grew its holdings in shares of iShares MSCI Italy ETF by 13.3% during the 1st quarter. Moran Wealth Management LLC now owns 176,338 shares of the exchange traded fund’s stock valued at $9,420,000 after purchasing an additional 20,764 shares during the last quarter. 37.96% of the stock is currently owned by institutional investors.

iShares MSCI Italy ETF Trading Up 0.1%

NYSEARCA EWI traded up $0.05 on Monday, hitting $62.28. 342,734 shares of the company’s stock were exchanged, compared to its average volume of 458,353. The stock has a 50-day moving average of $61.30 and a 200-day moving average of $58.32. iShares MSCI Italy ETF has a 52 week low of $50.05 and a 52 week high of $63.76. The stock has a market cap of $1.05 billion, a price-to-earnings ratio of 12.30 and a beta of 0.87.

iShares MSCI Italy ETF Company Profile

iShares MSCI Italy Capped ETF, formerly iShares MSCI Italy Capped Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Italy 25/50 Index (Index). The Index consists of stocks traded primarily on the Milan 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.