iShares MSCI Sweden ETF (NYSEARCA:EWD) Sees Large Increase in Short Interest

iShares MSCI Sweden ETF (NYSEARCA:EWD – Get Free Report) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 408,197 shares, a growth of 219.8% from the September 30th total of 127,640 shares. Based on an average daily trading volume, of 357,818 shares, the days-to-cover ratio is presently 1.1 days. Currently, 2.0% of the shares of the company are short sold.

iShares MSCI Sweden ETF Trading Up 0.3%

Shares of EWD stock opened at $51.40 on Thursday. iShares MSCI Sweden ETF has a 12 month low of $45.34 and a 12 month high of $54.93. The stock has a market cap of $1.08 billion, a P/E ratio of 20.15 and a beta of 1.09. The company has a 50 day simple moving average of $51.61 and a two-hundred day simple moving average of $51.50.

Institutional Investors Weigh In On iShares MSCI Sweden ETF

Hedge funds have recently modified their holdings of the business. Versant Capital Management Inc purchased a new stake in shares of iShares MSCI Sweden ETF in the 3rd quarter worth $60,000. Lmcg Investments LLC bought a new position in iShares MSCI Sweden ETF in the 3rd quarter worth $240,000. Avestar Capital LLC purchased a new position in iShares MSCI Sweden ETF during the third quarter valued at $251,000. Avior Wealth Management LLC purchased a new position in iShares MSCI Sweden ETF during the second quarter valued at $257,000. Finally, Vontobel Holding Ltd. purchased a new position in iShares MSCI Sweden ETF during the third quarter valued at $333,000. Institutional investors own 49.63% of the company’s stock.

About iShares MSCI Sweden ETF

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