iShares MSCI Austria ETF (NYSEARCA:EWO) Sees Large Decrease in Short Interest

iShares MSCI Austria ETF (NYSEARCA:EWO) was the target of a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 2,095 shares, a decline of 62.2% from the May 14th total of 5,541 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 17,594 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On iShares MSCI Austria ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Geneos Wealth Management Inc. bought a new stake in shares of iShares MSCI Austria ETF during the 1st quarter valued at $30,000. Comerica Bank raised its holdings in shares of iShares MSCI Austria ETF by 466.0% in the 1st quarter. Comerica Bank now owns 1,217 shares of the company’s stock valued at $31,000 after purchasing an additional 1,002 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of iShares MSCI Austria ETF by 425.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,071 shares of the company’s stock worth $38,000 after acquiring an additional 867 shares in the last quarter. Harbour Investments Inc. purchased a new stake in iShares MSCI Austria ETF during the 4th quarter worth approximately $46,000. Finally, Royal Bank of Canada boosted its holdings in shares of iShares MSCI Austria ETF by 59.1% in the 1st quarter. Royal Bank of Canada now owns 2,288 shares of the company’s stock valued at $82,000 after acquiring an additional 850 shares during the last quarter.

iShares MSCI Austria ETF Price Performance

Shares of NYSEARCA EWO traded up $0.57 during midday trading on Friday, reaching $42.05. The company’s stock had a trading volume of 15,822 shares, compared to its average volume of 46,209. iShares MSCI Austria ETF has a 12-month low of $27.56 and a 12-month high of $42.14. The firm has a 50 day moving average price of $39.37 and a 200-day moving average price of $37.11. The stock has a market capitalization of $140.87 million, a P/E ratio of 11.04 and a beta of 0.81.

iShares MSCI Austria ETF Company Profile

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.