Short Interest in iShares MSCI Denmark ETF (BATS:EDEN) Drops By 36.6%

iShares MSCI Denmark ETF (BATS:EDEN) was the recipient of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 3,388 shares, a decline of 36.6% from the April 15th total of 5,342 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 3,252 shares, the days-to-cover ratio is presently 1.0 days.

iShares MSCI Denmark ETF Trading Up 0.7%

Shares of BATS:EDEN traded up $0.78 on Monday, hitting $111.00. The company had a trading volume of 1,426 shares, compared to its average volume of 8,537. iShares MSCI Denmark ETF has a 1-year low of $98.31 and a 1-year high of $125.64. The stock has a market cap of $222 million, a price-to-earnings ratio of 16.34 and a beta of 0.95. The stock has a 50 day moving average price of $106.89 and a 200 day moving average price of $111.44.

Institutional Trading of iShares MSCI Denmark ETF

Institutional investors have recently bought and sold shares of the business. Raymond James Financial Inc. bought a new stake in shares of iShares MSCI Denmark ETF during the 2nd quarter worth approximately $41,000. Rhumbline Advisers increased its stake in iShares MSCI Denmark ETF by 40.2% in the first quarter. Rhumbline Advisers now owns 488 shares of the company’s stock valued at $51,000 after acquiring an additional 140 shares during the last quarter. Arax Advisory Partners acquired a new position in iShares MSCI Denmark ETF during the fourth quarter valued at approximately $107,000. CIBC Private Wealth Group LLC acquired a new position in iShares MSCI Denmark ETF during the fourth quarter valued at approximately $119,000. Finally, PNC Financial Services Group Inc. bought a new stake in iShares MSCI Denmark ETF during the third quarter worth $132,000.

About iShares MSCI Denmark ETF

The iShares MSCI Denmark ETF (EDEN) is an exchange-traded fund that is based on the MSCI Denmark IMI 25\u002F50 index, a market-cap-weighted index of Danish stocks. EDEN was launched on Jan 25, 2012 and is managed by BlackRock.