iShares MSCI France ETF (NYSEARCA:EWQ) Short Interest Update

iShares MSCI France ETF (NYSEARCA:EWQ) saw a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 860,585 shares, a decline of 21.9% from the November 30th total of 1,101,692 shares. Approximately 9.4% of the company’s shares are sold short. Based on an average daily volume of 281,202 shares, the days-to-cover ratio is presently 3.1 days. Based on an average daily volume of 281,202 shares, the days-to-cover ratio is presently 3.1 days. Approximately 9.4% of the company’s shares are sold short.

iShares MSCI France ETF Stock Performance

Shares of EWQ traded up $0.15 during midday trading on Tuesday, hitting $45.14. The company had a trading volume of 211,273 shares, compared to its average volume of 355,994. iShares MSCI France ETF has a 1 year low of $35.22 and a 1 year high of $45.46. The firm has a market capitalization of $415.29 million, a P/E ratio of 17.82 and a beta of 0.98. The company’s 50-day simple moving average is $44.53 and its 200-day simple moving average is $43.64.

Institutional Investors Weigh In On iShares MSCI France ETF

Several hedge funds have recently made changes to their positions in the business. ABC Arbitrage SA grew its holdings in iShares MSCI France ETF by 29.3% in the second quarter. ABC Arbitrage SA now owns 70,638 shares of the exchange traded fund’s stock valued at $3,023,000 after purchasing an additional 16,016 shares during the last quarter. Monument Capital Management acquired a new position in shares of iShares MSCI France ETF during the 2nd quarter worth $3,446,000. Prime Capital Investment Advisors LLC purchased a new stake in shares of iShares MSCI France ETF in the 2nd quarter worth about $210,000. Avestar Capital LLC acquired a new stake in iShares MSCI France ETF in the 2nd quarter valued at about $581,000. Finally, Lido Advisors LLC acquired a new stake in iShares MSCI France ETF in the 2nd quarter valued at about $2,570,000. Institutional investors and hedge funds own 73.46% of the company’s stock.

iShares MSCI France ETF Company Profile

iShares MSCI France ETF, formerly iShares MSCI France Index Fund, seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the French market, as measured by the MSCI France Index (the Index). The Index seeks to measure the performance of the French equity market. The Index consists of stocks traded primarily on the Paris Stock Exchange. The Fund invests in sectors, such as industrials, financials, energy, consumer discretionary, consumer staples, healthcare, materials, telecommunication services, utilities and information technology.