Short Interest in iShares MSCI Belgium ETF (NYSEARCA:EWK) Grows By 2,597.6%

iShares MSCI Belgium ETF (NYSEARCA:EWK) saw a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 1,432,337 shares, an increase of 2,597.6% from the May 14th total of 53,096 shares. Based on an average daily trading volume, of 63,600 shares, the days-to-cover ratio is currently 22.5 days. Currently, 32.6% of the company’s shares are short sold.

Institutional Investors Weigh In On iShares MSCI Belgium ETF

Several institutional investors have recently modified their holdings of the business. Osaic Holdings Inc. grew its position in shares of iShares MSCI Belgium ETF by 26.2% during the 2nd quarter. Osaic Holdings Inc. now owns 3,769 shares of the company’s stock worth $83,000 after buying an additional 782 shares during the period. Raymond James Financial Inc. acquired a new position in iShares MSCI Belgium ETF during the second quarter valued at approximately $65,000. Bank of Montreal Can acquired a new position in iShares MSCI Belgium ETF during the fourth quarter valued at approximately $80,000. Idaho Trust Co grew its holdings in iShares MSCI Belgium ETF by 51.6% during the fourth quarter. Idaho Trust Co now owns 13,560 shares of the company’s stock valued at $330,000 after purchasing an additional 4,615 shares during the period. Finally, DRW Securities LLC grew its holdings in iShares MSCI Belgium ETF by 39.0% during the fourth quarter. DRW Securities LLC now owns 23,400 shares of the company’s stock valued at $569,000 after purchasing an additional 6,566 shares during the period.

iShares MSCI Belgium ETF Trading Up 1.5%

Shares of NYSEARCA:EWK traded up $0.41 during trading on Tuesday, hitting $26.98. 21,284 shares of the company’s stock were exchanged, compared to its average volume of 46,114. iShares MSCI Belgium ETF has a 1-year low of $21.50 and a 1-year high of $27.63. The firm has a 50-day moving average price of $26.08 and a two-hundred day moving average price of $25.45. The firm has a market cap of $118.71 million, a P/E ratio of 18.50 and a beta of 0.68.

About iShares MSCI Belgium ETF

iShares MSCI Belgium Capped ETF, formerly iShares MSCI Belgium Capped Investable Market Index Fund (the Fund), is an exchange-traded fund. The 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 Belgian market, as measured by the MSCI Belgium Investable Market Index (the Index). The Index seeks to measure the performance of the Belgian equity market. It is a capitalization-weighted index that aims to capture 99% of the (publicly available) total market capitalization.