Short Interest in iShares MSCI Netherlands ETF (NYSEARCA:EWN) Decreases By 80.9%

iShares MSCI Netherlands ETF (NYSEARCA:EWN) was the recipient of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 285,519 shares, a decline of 80.9% from the May 31st total of 1,497,596 shares. Approximately 3.8% of the company’s shares are sold short. Based on an average daily trading volume, of 363,693 shares, the short-interest ratio is currently 0.8 days.

iShares MSCI Netherlands ETF Stock Up 1.2%

NYSEARCA:EWN opened at $68.44 on Friday. The company has a fifty day moving average of $66.08 and a 200 day moving average of $62.15. iShares MSCI Netherlands ETF has a 52 week low of $50.56 and a 52 week high of $71.18. The firm has a market capitalization of $513.30 million, a P/E ratio of 19.71 and a beta of 1.14.

Hedge Funds Weigh In On iShares MSCI Netherlands ETF

Hedge funds have recently added to or reduced their stakes in the company. Royal Bank of Canada boosted its position in shares of iShares MSCI Netherlands ETF by 47.2% during the first quarter. Royal Bank of Canada now owns 15,933 shares of the exchange traded fund’s stock valued at $746,000 after buying an additional 5,106 shares during the last quarter. Cresset Asset Management LLC raised its position in iShares MSCI Netherlands ETF by 20.9% in the 2nd quarter. Cresset Asset Management LLC now owns 7,644 shares of the exchange traded fund’s stock worth $417,000 after buying an additional 1,322 shares during the last quarter. The Manufacturers Life Insurance Company bought a new position in iShares MSCI Netherlands ETF during the 2nd quarter valued at about $575,000. Raymond James Financial Inc. bought a new position in iShares MSCI Netherlands ETF during the 2nd quarter valued at about $143,000. Finally, HighTower Advisors LLC boosted its holdings in shares of iShares MSCI Netherlands ETF by 7.2% during the 3rd quarter. HighTower Advisors LLC now owns 65,817 shares of the exchange traded fund’s stock valued at $3,818,000 after acquiring an additional 4,436 shares during the last quarter.

iShares MSCI Netherlands ETF Company Profile

iShares MSCI Netherlands ETF, formerly iShares MSCI Netherlands Investable Market Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Netherlands Investable Market Index (the Index). The Index consists of stocks traded primarily on the Amsterdam Stock Exchange. Components primarily include consumer staples, financial and industrials companies. The Fund invests in a particular segment of the securities markets and seeks to track the performance of a securities index that generally is not representative of the market as a whole.