Short Interest in iShares MSCI Spain ETF (NYSEARCA:EWP) Increases By 106.6%

iShares MSCI Spain ETF (NYSEARCA:EWP) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 1,054,098 shares, a growth of 106.6% from the July 30th total of 510,261 shares. Currently, 3.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 366,909 shares, the short-interest ratio is currently 2.9 days.

iShares MSCI Spain ETF Price Performance

Shares of EWP opened at $62.35 on Monday. The business’s 50 day simple moving average is $60.72 and its 200-day simple moving average is $57.73. iShares MSCI Spain ETF has a 1 year low of $46.56 and a 1 year high of $63.44. The stock has a market capitalization of $2.16 billion, a price-to-earnings ratio of 10.89 and a beta of 0.67.

Institutional Trading of iShares MSCI Spain ETF

A number of large investors have recently made changes to their positions in EWP. Montag A & Associates Inc. grew its stake in iShares MSCI Spain ETF by 23.6% in the fourth quarter. Montag A & Associates Inc. now owns 69,676 shares of the exchange traded fund’s stock worth $3,756,000 after purchasing an additional 13,325 shares in the last quarter. Catalyst Capital Advisors LLC lifted its stake in iShares MSCI Spain ETF by 4.3% in the first quarter. Catalyst Capital Advisors LLC now owns 213,236 shares of the exchange traded fund’s stock worth $11,581,000 after acquiring an additional 8,798 shares during the period. Y Intercept Hong Kong Ltd bought a new position in iShares MSCI Spain ETF during the 1st quarter worth about $511,000. Prudential PLC purchased a new position in iShares MSCI Spain ETF during the 4th quarter valued at about $16,664,000. Finally, Vertex Investment Solutions Co. Ltd. bought a new stake in shares of iShares MSCI Spain ETF in the 4th quarter valued at about $1,119,000. 38.17% of the stock is currently owned by institutional investors.

iShares MSCI Spain ETF Company Profile

iShares MSCI Spain Capped ETF, formerly iShares MSCI Spain Index 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 Spanish market, as measured by the MSCI Spain Index (the Index). The Index seeks to measure the performance of the Spanish equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.