iShares MSCI United Kingdom ETF (NYSEARCA:EWU) Short Interest Down 70.2% in July

iShares MSCI United Kingdom ETF (NYSEARCA:EWU) was the recipient of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 1,522,169 shares, a decrease of 70.2% from the June 30th total of 5,113,071 shares. Currently, 1.8% of the shares of the company are sold short. Based on an average daily volume of 2,058,891 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Trading of iShares MSCI United Kingdom ETF

Several hedge funds have recently added to or reduced their stakes in the stock. TD Waterhouse Canada Inc. grew its position in shares of iShares MSCI United Kingdom ETF by 28.6% during the 4th quarter. TD Waterhouse Canada Inc. now owns 1,002 shares of the company’s stock valued at $44,000 after acquiring an additional 223 shares during the period. Lmcg Investments LLC raised its holdings in shares of iShares MSCI United Kingdom ETF by 0.9% in the 4th quarter. Lmcg Investments LLC now owns 27,313 shares of the company’s stock worth $1,201,000 after purchasing an additional 237 shares during the period. Lunt Capital Management Inc. lifted its stake in iShares MSCI United Kingdom ETF by 4.8% in the fourth quarter. Lunt Capital Management Inc. now owns 5,336 shares of the company’s stock valued at $235,000 after purchasing an additional 245 shares during the last quarter. Russell Investments Group Ltd. lifted its stake in iShares MSCI United Kingdom ETF by 28.4% in the third quarter. Russell Investments Group Ltd. now owns 1,400 shares of the company’s stock valued at $59,000 after purchasing an additional 310 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in iShares MSCI United Kingdom ETF by 1.8% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 18,342 shares of the company’s stock valued at $770,000 after purchasing an additional 331 shares during the period. Institutional investors own 58.38% of the company’s stock.

iShares MSCI United Kingdom ETF Price Performance

Shares of NYSEARCA EWU traded up $0.42 during mid-day trading on Tuesday, reaching $47.79. 903,186 shares of the company’s stock were exchanged, compared to its average volume of 1,853,733. The firm has a market capitalization of $4.09 billion, a price-to-earnings ratio of 15.42 and a beta of 0.59. iShares MSCI United Kingdom ETF has a 52 week low of $39.60 and a 52 week high of $48.92. The firm has a 50-day moving average price of $46.57 and a two-hundred day moving average price of $46.48.

About iShares MSCI United Kingdom ETF

The iShares MSCI United Kingdom ETF (EWU) is an exchange-traded fund that is based on the MSCI United Kingdom index. The fund tracks a market cap-weighted index of British companies. It covers the top 85% of British companies by market cap. EWU was launched on Mar 12, 1996 and is managed by BlackRock.