iShares MSCI Netherlands ETF (NYSEARCA:EWN) Short Interest Update

iShares MSCI Netherlands ETF (NYSEARCA:EWN) was the recipient of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 267,310 shares, an increase of 470.1% from the February 26th total of 46,888 shares. Based on an average daily volume of 153,402 shares, the short-interest ratio is currently 1.7 days. Currently, 4.6% of the shares of the stock are sold short. Currently, 4.6% of the shares of the stock are sold short. Based on an average daily volume of 153,402 shares, the short-interest ratio is currently 1.7 days.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Royal Bank of Canada grew its holdings in shares of iShares MSCI Netherlands ETF by 47.2% during the first quarter. Royal Bank of Canada now owns 15,933 shares of the exchange traded fund’s stock worth $746,000 after buying an additional 5,106 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new position in iShares MSCI Netherlands ETF during the second quarter worth about $149,000. Lido Advisors LLC acquired a new position in iShares MSCI Netherlands ETF during the second quarter worth about $1,062,000. Cresset Asset Management LLC grew its stake in iShares MSCI Netherlands ETF by 20.9% during the 2nd quarter. Cresset Asset Management LLC now owns 7,644 shares of the exchange traded fund’s stock valued at $417,000 after acquiring an additional 1,322 shares in the last quarter. Finally, Flow Traders U.S. LLC purchased a new stake in iShares MSCI Netherlands ETF during the 2nd quarter valued at about $4,540,000.

iShares MSCI Netherlands ETF Trading Up 0.7%

NYSEARCA:EWN traded up $0.41 during trading hours on Wednesday, hitting $58.29. 55,082 shares of the stock were exchanged, compared to its average volume of 130,112. The firm’s fifty day moving average price is $61.22 and its 200 day moving average price is $59.03. iShares MSCI Netherlands ETF has a 52-week low of $41.40 and a 52-week high of $64.01. The company has a market cap of $335.17 million, a P/E ratio of 19.71 and a beta of 1.16.

About iShares MSCI Netherlands ETF

iShares MSCI Netherlands ETF, formerly iShares MSCI Netherlands Investable Market 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 Netherlands Investable Market Index (the Index). The Index consists of stocks traded primarily on the Amsterdam Stock Exchange. Components primarily include consumer staples, financial and industrials companies. The Fund invests in a particular segment of the securities markets and seeks to track the performance of a securities index that generally is not representative of the market as a whole.