iShares MSCI Austria ETF (NYSEARCA:EWO) Short Interest Down 38.6% in January

iShares MSCI Austria ETF (NYSEARCA:EWO) was the recipient of a large decline in short interest in January. As of January 30th, there was short interest totaling 74,212 shares, a decline of 38.6% from the January 15th total of 120,921 shares. Currently, 1.9% of the company’s stock are sold short. Based on an average daily volume of 67,687 shares, the short-interest ratio is currently 1.1 days. Based on an average daily volume of 67,687 shares, the short-interest ratio is currently 1.1 days. Currently, 1.9% of the company’s stock are sold short.

iShares MSCI Austria ETF Stock Performance

Shares of iShares MSCI Austria ETF stock traded down $0.49 on Friday, hitting $38.07. The company had a trading volume of 98,867 shares, compared to its average volume of 70,539. iShares MSCI Austria ETF has a 1 year low of $22.01 and a 1 year high of $39.40. The stock has a 50 day moving average of $36.30 and a 200-day moving average of $33.02. The stock has a market capitalization of $146.57 million, a price-to-earnings ratio of 11.04 and a beta of 0.93.

Hedge Funds Weigh In On iShares MSCI Austria ETF

Several large investors have recently bought and sold shares of the stock. Raymond James Financial Inc. grew its stake in shares of iShares MSCI Austria ETF by 5.8% in the 3rd quarter. Raymond James Financial Inc. now owns 16,411 shares of the company’s stock worth $509,000 after acquiring an additional 894 shares in the last quarter. Comerica Bank boosted its holdings in iShares MSCI Austria ETF by 466.0% during the first quarter. Comerica Bank now owns 1,217 shares of the company’s stock worth $31,000 after purchasing an additional 1,002 shares during the last quarter. Geneos Wealth Management Inc. purchased a new position in iShares MSCI Austria ETF during the first quarter worth about $30,000. Harbour Investments Inc. bought a new stake in iShares MSCI Austria ETF in the 4th quarter worth about $46,000. Finally, Osaic Holdings Inc. grew its position in iShares MSCI Austria ETF by 8.1% in the 2nd quarter. Osaic Holdings Inc. now owns 45,921 shares of the company’s stock worth $1,350,000 after purchasing an additional 3,432 shares in the last quarter.

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.