iShares MSCI Belgium ETF (NYSEARCA:EWK) Short Interest Down 20.3% in December

iShares MSCI Belgium ETF (NYSEARCA:EWK) was the recipient of a large drop in short interest in December. As of December 31st, there was short interest totaling 15,705 shares, a drop of 20.3% from the December 15th total of 19,704 shares. Currently, 1.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 5,103 shares, the days-to-cover ratio is currently 3.1 days. Based on an average daily trading volume, of 5,103 shares, the days-to-cover ratio is currently 3.1 days. Currently, 1.5% of the shares of the stock are sold short.

Hedge Funds Weigh In On iShares MSCI Belgium ETF

Several institutional investors have recently modified their holdings of the company. Flow Traders U.S. LLC raised its holdings in shares of iShares MSCI Belgium ETF by 98.6% during the 3rd quarter. Flow Traders U.S. LLC now owns 61,263 shares of the company’s stock valued at $1,423,000 after buying an additional 30,408 shares in the last quarter. Moran Wealth Management LLC bought a new position in iShares MSCI Belgium ETF during the third quarter valued at approximately $1,378,000. Osaic Holdings Inc. raised its stake in shares of iShares MSCI Belgium ETF by 26.2% during the second quarter. Osaic Holdings Inc. now owns 3,769 shares of the company’s stock worth $83,000 after acquiring an additional 782 shares in the last quarter. Geneos Wealth Management Inc. purchased a new position in shares of iShares MSCI Belgium ETF during the second quarter worth approximately $1,502,000. Finally, Jane Street Group LLC lifted its holdings in shares of iShares MSCI Belgium ETF by 157.9% in the 2nd quarter. Jane Street Group LLC now owns 91,296 shares of the company’s stock worth $2,013,000 after acquiring an additional 55,890 shares during the last quarter.

iShares MSCI Belgium ETF Stock Performance

Shares of NYSEARCA:EWK opened at $25.33 on Friday. The firm has a market capitalization of $26.34 million, a PE ratio of 18.50 and a beta of 0.81. iShares MSCI Belgium ETF has a 52-week low of $18.10 and a 52-week high of $25.35. The firm has a fifty day moving average of $24.31 and a 200 day moving average of $23.43.

About iShares MSCI Belgium ETF

iShares MSCI Belgium Capped ETF, formerly iShares MSCI Belgium Capped Investable Market Index Fund (the Fund), is an exchange-traded fund. The 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 Belgian market, as measured by the MSCI Belgium Investable Market Index (the Index). The Index seeks to measure the performance of the Belgian equity market. It is a capitalization-weighted index that aims to capture 99% of the (publicly available) total market capitalization.