iShares MSCI Switzerland ETF (NYSEARCA:EWL) Short Interest Up 63.3% in January

iShares MSCI Switzerland ETF (NYSEARCA:EWL) was the target of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 340,580 shares, a growth of 63.3% from the January 15th total of 208,513 shares. Based on an average trading volume of 542,755 shares, the short-interest ratio is currently 0.6 days. Currently, 1.3% of the company’s stock are sold short. Currently, 1.3% of the company’s stock are sold short. Based on an average trading volume of 542,755 shares, the short-interest ratio is currently 0.6 days.

Hedge Funds Weigh In On iShares MSCI Switzerland ETF

Institutional investors have recently bought and sold shares of the business. Royal Bank of Canada boosted its holdings in iShares MSCI Switzerland ETF by 26.8% in the first quarter. Royal Bank of Canada now owns 185,839 shares of the exchange traded fund’s stock valued at $9,624,000 after purchasing an additional 39,296 shares during the last quarter. Millburn Ridgefield LLC DE grew its holdings in iShares MSCI Switzerland ETF by 5.5% during the second quarter. Millburn Ridgefield LLC DE now owns 471,240 shares of the exchange traded fund’s stock worth $25,829,000 after acquiring an additional 24,423 shares during the period. Retirement Planning Group LLC raised its position in iShares MSCI Switzerland ETF by 12.9% during the second quarter. Retirement Planning Group LLC now owns 4,892 shares of the exchange traded fund’s stock valued at $268,000 after acquiring an additional 560 shares in the last quarter. GenTrust LLC lifted its holdings in iShares MSCI Switzerland ETF by 1,024.9% in the second quarter. GenTrust LLC now owns 278,761 shares of the exchange traded fund’s stock valued at $15,279,000 after acquiring an additional 253,980 shares during the period. Finally, Catalyst Capital Advisors LLC boosted its position in iShares MSCI Switzerland ETF by 5.5% in the 2nd quarter. Catalyst Capital Advisors LLC now owns 471,240 shares of the exchange traded fund’s stock worth $25,829,000 after purchasing an additional 24,423 shares in the last quarter. 68.30% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Switzerland ETF Price Performance

EWL traded up $0.33 on Friday, reaching $63.79. 385,634 shares of the stock were exchanged, compared to its average volume of 530,211. The company’s 50-day moving average price is $60.69 and its 200 day moving average price is $57.47. The firm has a market capitalization of $1.71 billion, a PE ratio of 21.82 and a beta of 0.81. iShares MSCI Switzerland ETF has a fifty-two week low of $46.22 and a fifty-two week high of $63.91.

iShares MSCI Switzerland ETF Company Profile

iShares MSCI Switzerland Capped ETF (the Fund), formerly iShares MSCI Switzerland Capped Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Switzerland 25/50 Index (the Index). The Index consists of stocks traded primarily on the Zurich Stock Exchange. The 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 Index weight and all issuers with weight above 5% do not exceed 50% of the Index weight.