iShares MSCI Austria ETF (NYSEARCA:EWO) Shares Shorted: Short Interest Up 143.0% in October

iShares MSCI Austria ETF (NYSEARCA:EWO) saw a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 104,214 shares, a growth of 143.0% from the October 15th total of 42,890 shares. Based on an average daily volume of 27,223 shares, the days-to-cover ratio is currently 3.8 days. Approximately 2.5% of the company’s stock are short sold.

iShares MSCI Austria ETF Trading Down 0.5%

NYSEARCA:EWO traded down $0.21 on Friday, reaching $40.72. 14,677 shares of the stock traded hands, compared to its average volume of 50,239. The company has a market capitalization of $171.02 million, a price-to-earnings ratio of 12.42 and a beta of 0.85. iShares MSCI Austria ETF has a 12 month low of $30.61 and a 12 month high of $44.98. The company’s fifty day simple moving average is $41.62 and its 200 day simple moving average is $40.37.

Institutional Investors Weigh In On iShares MSCI Austria ETF

Institutional investors have recently made changes to their positions in the company. Financial Freedom LLC purchased a new position in shares of iShares MSCI Austria ETF in the third quarter worth $30,000. EverSource Wealth Advisors LLC lifted its holdings in shares of iShares MSCI Austria ETF by 425.0% during the first quarter. EverSource Wealth Advisors LLC now owns 1,071 shares of the company’s stock valued at $38,000 after purchasing an additional 867 shares in the last quarter. Harbour Investments Inc. bought a new position in shares of iShares MSCI Austria ETF during the third quarter valued at $72,000. Royal Bank of Canada boosted its position in shares of iShares MSCI Austria ETF by 59.1% during the first quarter. Royal Bank of Canada now owns 2,288 shares of the company’s stock valued at $82,000 after buying an additional 850 shares during the last quarter. Finally, Kestra Advisory Services LLC purchased a new stake in shares of iShares MSCI Austria ETF during the third quarter valued at $212,000.

About iShares MSCI Austria ETF

iShares MSCI Austria Capped ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the MSCI Austria IMI 25/50 Index (the Underlying Index). The Underlying Index consists of stocks traded on the Vienna Stock Exchange. The Underlying Index is a free-float adjusted market capitalization weighted index with a capping methodology applied to issuer weights so that no single issuer of a component exceeds 25% of the Underlying Index weight and all issuers with weight above 5% do not exceed 50% of the Underlying Index weight.