iShares MSCI France ETF (NYSEARCA:EWQ) Shares Shorted: Short Interest Up 80.6% in October

iShares MSCI France ETF (NYSEARCA:EWQ) was the target of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 1,560,927 shares, a growth of 80.6% from the September 30th total of 864,399 shares. Currently, 19.5% of the shares of the company are short sold. Based on an average trading volume of 495,115 shares, the days-to-cover ratio is presently 3.2 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Lido Advisors LLC raised its stake in iShares MSCI France ETF by 168.4% during the 1st quarter. Lido Advisors LLC now owns 476,275 shares of the exchange traded fund’s stock worth $20,661,000 after acquiring an additional 298,814 shares during the period. Catalyst Capital Advisors LLC boosted its position in shares of iShares MSCI France ETF by 0.8% in the first quarter. Catalyst Capital Advisors LLC now owns 180,371 shares of the exchange traded fund’s stock worth $7,824,000 after purchasing an additional 1,419 shares during the period. Royal Bank of Canada boosted its position in shares of iShares MSCI France ETF by 847.2% in the first quarter. Royal Bank of Canada now owns 96,084 shares of the exchange traded fund’s stock worth $4,167,000 after purchasing an additional 85,940 shares during the period. Waverly Advisors LLC increased its stake in shares of iShares MSCI France ETF by 252,556.7% in the first quarter. Waverly Advisors LLC now owns 75,797 shares of the exchange traded fund’s stock worth $3,288,000 after purchasing an additional 75,767 shares in the last quarter. Finally, Vertex Investment Solutions Co. Ltd. bought a new stake in shares of iShares MSCI France ETF during the 2nd quarter valued at $1,729,000. Institutional investors own 73.46% of the company’s stock.

iShares MSCI France ETF Stock Performance

Shares of EWQ stock traded down $0.15 during mid-day trading on Friday, reaching $42.24. 513,216 shares of the company’s stock traded hands, compared to its average volume of 398,580. The firm has a market capitalization of $346.37 million, a PE ratio of 17.82 and a beta of 0.85. iShares MSCI France ETF has a 12 month low of $40.92 and a 12 month high of $48.39. The firm has a 50 day moving average price of $43.55 and a two-hundred day moving average price of $45.03.

iShares MSCI France ETF Company Profile

iShares MSCI France ETF, formerly iShares MSCI France Index 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 French market, as measured by the MSCI France Index (the Index). The Index seeks to measure the performance of the French equity market. The Index consists of stocks traded primarily on the Paris Stock Exchange. The Fund invests in sectors, such as industrials, financials, energy, consumer discretionary, consumer staples, healthcare, materials, telecommunication services, utilities and information technology.