iShares MSCI Australia ETF (NYSEARCA:EWA) Short Interest Update

iShares MSCI Australia ETF (NYSEARCA:EWA) was the target of a large decline in short interest in December. As of December 15th, there was short interest totaling 1,224,395 shares, a decline of 33.8% from the November 30th total of 1,850,021 shares. Based on an average trading volume of 4,160,200 shares, the short-interest ratio is currently 0.3 days. Approximately 2.3% of the company’s stock are sold short. Approximately 2.3% of the company’s stock are sold short. Based on an average trading volume of 4,160,200 shares, the short-interest ratio is currently 0.3 days.

iShares MSCI Australia ETF Trading Down 0.3%

iShares MSCI Australia ETF stock traded down $0.07 during mid-day trading on Tuesday, hitting $26.41. 3,272,290 shares of the company’s stock were exchanged, compared to its average volume of 2,748,138. iShares MSCI Australia ETF has a 1-year low of $20.50 and a 1-year high of $27.57. The stock has a 50 day moving average of $26.30 and a two-hundred day moving average of $26.53. The stock has a market cap of $1.43 billion, a P/E ratio of 19.89 and a beta of 1.04.

Institutional Investors Weigh In On iShares MSCI Australia ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. TD Waterhouse Canada Inc. lifted its holdings in shares of iShares MSCI Australia ETF by 6.8% during the second quarter. TD Waterhouse Canada Inc. now owns 109,543 shares of the exchange traded fund’s stock worth $2,884,000 after buying an additional 6,989 shares during the last quarter. Fisher Asset Management LLC acquired a new stake in shares of iShares MSCI Australia ETF in the second quarter worth $3,409,000. Lido Advisors LLC bought a new position in iShares MSCI Australia ETF during the second quarter worth $1,975,000. Private Trust Co. NA increased its position in iShares MSCI Australia ETF by 5,842.9% during the second quarter. Private Trust Co. NA now owns 2,912 shares of the exchange traded fund’s stock worth $77,000 after acquiring an additional 2,863 shares during the period. Finally, Cetera Investment Advisers raised its stake in iShares MSCI Australia ETF by 697.8% during the 2nd quarter. Cetera Investment Advisers now owns 77,152 shares of the exchange traded fund’s stock valued at $2,031,000 after purchasing an additional 67,481 shares during the last quarter. 59.69% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Australia ETF Company Profile

iShares MSCI Australia ETF (the Fund), formerly iShares MSCI Australia Index Fund, is an exchange-traded fund (ETF). The Fund seeks to provide investment results that correspond generally to the price and yield performance, of publicly traded securities in the Australian market, as represented by the MSCI Australia Index (the Index). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. The Index seeks to measure the performance of the Australian equity market.