iShares MSCI Austria ETF (NYSEARCA:EWO) Sees Large Growth in Short Interest

iShares MSCI Austria ETF (NYSEARCA:EWO) saw a significant increase in short interest in December. As of December 31st, there was short interest totaling 93,649 shares, an increase of 95.2% from the December 15th total of 47,970 shares. Based on an average daily trading volume, of 60,987 shares, the short-interest ratio is currently 1.5 days. Currently, 2.6% of the shares of the stock are short sold. Currently, 2.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 60,987 shares, the short-interest ratio is currently 1.5 days.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Geneos Wealth Management Inc. acquired a new stake in iShares MSCI Austria ETF during the first quarter worth about $30,000. Comerica Bank lifted its holdings in shares of iShares MSCI Austria ETF by 466.0% during the 1st quarter. Comerica Bank now owns 1,217 shares of the company’s stock worth $31,000 after acquiring an additional 1,002 shares during the period. BFI Infinity Ltd. lifted its holdings in shares of iShares MSCI Austria ETF by 200.0% during the 4th quarter. BFI Infinity Ltd. now owns 6,567 shares of the company’s stock worth $233,000 after acquiring an additional 13,134 shares during the period. Bank of America Corp DE boosted its position in shares of iShares MSCI Austria ETF by 92.1% during the 2nd quarter. Bank of America Corp DE now owns 9,134 shares of the company’s stock worth $269,000 after acquiring an additional 4,380 shares in the last quarter. Finally, Cyndeo Wealth Partners LLC bought a new position in iShares MSCI Austria ETF in the third quarter valued at approximately $300,000.

iShares MSCI Austria ETF Price Performance

NYSEARCA:EWO traded up $0.09 during trading hours on Thursday, reaching $36.24. 9,740 shares of the company were exchanged, compared to its average volume of 72,371. The company has a market capitalization of $137.69 million, a P/E ratio of 11.04 and a beta of 0.93. iShares MSCI Austria ETF has a 1-year low of $21.14 and a 1-year high of $36.25. The business has a 50 day moving average of $33.85 and a 200 day moving average of $31.78.

iShares MSCI Austria ETF Company Profile

iShares MSCI Austria Capped ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the MSCI Austria IMI 25/50 Index (the Underlying Index). The Underlying Index consists of stocks traded on the Vienna Stock Exchange. The Underlying Index is a free-float adjusted market capitalization weighted index with a capping methodology applied to issuer weights so that no single issuer of a component exceeds 25% of the Underlying Index weight and all issuers with weight above 5% do not exceed 50% of the Underlying Index weight.