iShares MSCI Sweden ETF (NYSEARCA:EWD – Get Free Report) saw a large growth in short interest in May. As of May 29th, there was short interest totaling 278,164 shares, a growth of 76.0% from the May 14th total of 158,089 shares. Based on an average daily trading volume, of 171,938 shares, the short-interest ratio is currently 1.6 days. Currently, 4.6% of the shares of the stock are short sold.
Institutional Investors Weigh In On iShares MSCI Sweden ETF
A number of hedge funds have recently made changes to their positions in the stock. UBS Group AG increased its position in iShares MSCI Sweden ETF by 194.3% during the 4th quarter. UBS Group AG now owns 112,398 shares of the company’s stock worth $5,533,000 after purchasing an additional 74,204 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in iShares MSCI Sweden ETF in the third quarter valued at approximately $6,777,000. Cerity Partners LLC acquired a new stake in iShares MSCI Sweden ETF in the fourth quarter valued at approximately $220,000. Zacks Investment Management bought a new stake in shares of iShares MSCI Sweden ETF during the fourth quarter worth $205,000. Finally, AlphaCentric Advisors LLC bought a new stake in shares of iShares MSCI Sweden ETF during the fourth quarter worth $134,000. 49.63% of the stock is currently owned by institutional investors and hedge funds.
iShares MSCI Sweden ETF Price Performance
NYSEARCA:EWD opened at $50.88 on Wednesday. The stock’s 50-day simple moving average is $51.78 and its 200 day simple moving average is $51.05. The firm has a market capitalization of $308.84 million, a PE ratio of 20.15 and a beta of 1.08. iShares MSCI Sweden ETF has a twelve month low of $42.99 and a twelve month high of $54.93.
iShares MSCI Sweden ETF Company Profile
Ishares
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