iShares MSCI Sweden ETF (NYSEARCA:EWD) Short Interest Down 33.6% in August

iShares MSCI Sweden ETF (NYSEARCA:EWDGet Free Report) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 155,953 shares, a decline of 33.6% from the August 15th total of 235,012 shares. Currently, 1.4% of the shares of the stock are short sold. Based on an average trading volume of 79,082 shares, the days-to-cover ratio is currently 2.0 days.

iShares MSCI Sweden ETF Price Performance

Shares of NYSEARCA EWD traded up $0.53 on Thursday, hitting $51.58. The company’s stock had a trading volume of 85,576 shares, compared to its average volume of 204,947. The stock has a 50 day moving average of $52.10 and a 200-day moving average of $51.35. The company has a market capitalization of $572.54 million, a price-to-earnings ratio of 20.15 and a beta of 1.09. iShares MSCI Sweden ETF has a 12-month low of $45.34 and a 12-month high of $54.93.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Bank of America Corp DE grew its holdings in shares of iShares MSCI Sweden ETF by 2.8% during the 1st quarter. Bank of America Corp DE now owns 802,185 shares of the company’s stock worth $39,082,000 after purchasing an additional 21,649 shares during the period. Empowered Funds LLC purchased a new position in iShares MSCI Sweden ETF in the first quarter valued at approximately $1,447,000. UBS Group AG lifted its position in iShares MSCI Sweden ETF by 194.3% during the fourth quarter. UBS Group AG now owns 112,398 shares of the company’s stock valued at $5,533,000 after buying an additional 74,204 shares in the last quarter. Syon Capital LLC lifted its position in iShares MSCI Sweden ETF by 27.9% during the second quarter. Syon Capital LLC now owns 114,129 shares of the company’s stock valued at $5,704,000 after buying an additional 24,884 shares in the last quarter. Finally, Contravisory Investment Management Inc. grew its stake in iShares MSCI Sweden ETF by 2.9% during the second quarter. Contravisory Investment Management Inc. now owns 23,430 shares of the company’s stock worth $1,171,000 after buying an additional 666 shares during the period. 49.63% of the stock is currently owned by institutional investors and hedge funds.

About iShares MSCI Sweden ETF

(Get Free Report)

Ishares

See Also

Receive News & Ratings for iShares MSCI Sweden ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Sweden ETF and related companies with MarketBeat.com's FREE daily email newsletter.