iShares MSCI Spain ETF (NYSEARCA:EWP) Short Interest Up 172.2% in July

iShares MSCI Spain ETF (NYSEARCA:EWP) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 575,298 shares, an increase of 172.2% from the June 30th total of 211,313 shares. Currently, 1.7% of the company’s shares are sold short. Based on an average daily trading volume, of 539,861 shares, the short-interest ratio is presently 1.1 days.

iShares MSCI Spain ETF Stock Up 1.6%

NYSEARCA EWP traded up $0.98 during trading hours on Monday, hitting $60.69. The company’s stock had a trading volume of 373,017 shares, compared to its average volume of 531,650. iShares MSCI Spain ETF has a twelve month low of $44.19 and a twelve month high of $60.87. The firm has a market capitalization of $2.07 billion, a P/E ratio of 10.89 and a beta of 0.67. The stock has a fifty day moving average of $58.40 and a 200 day moving average of $56.54.

Institutional Investors Weigh In On iShares MSCI Spain ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EWP. Whitcomb & Hess Inc. lifted its stake in iShares MSCI Spain ETF by 2.0% in the second quarter. Whitcomb & Hess Inc. now owns 221,169 shares of the exchange traded fund’s stock valued at $13,135,000 after buying an additional 4,408 shares during the period. Empowered Funds LLC bought a new position in iShares MSCI Spain ETF during the first quarter worth about $534,000. EverSource Wealth Advisors LLC grew its position in shares of iShares MSCI Spain ETF by 25.6% during the 1st quarter. EverSource Wealth Advisors LLC now owns 16,285 shares of the exchange traded fund’s stock worth $884,000 after buying an additional 3,320 shares during the period. Boreal Capital Management LLC grew its position in shares of iShares MSCI Spain ETF by 21.6% during the 1st quarter. Boreal Capital Management LLC now owns 3,153 shares of the exchange traded fund’s stock worth $171,000 after buying an additional 560 shares during the period. Finally, CacheTech Inc. increased its stake in shares of iShares MSCI Spain ETF by 0.5% in the 1st quarter. CacheTech Inc. now owns 152,935 shares of the exchange traded fund’s stock valued at $8,306,000 after acquiring an additional 723 shares during the last quarter. Institutional investors own 38.17% of the company’s stock.

iShares MSCI Spain ETF Company Profile

iShares MSCI Spain Capped ETF, formerly iShares MSCI Spain Index 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 Spanish market, as measured by the MSCI Spain Index (the Index). The Index seeks to measure the performance of the Spanish equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.