iShares MSCI Spain ETF (NYSEARCA:EWP) Short Interest Update

iShares MSCI Spain ETF (NYSEARCA:EWP) was the recipient of a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 660,749 shares, a decline of 32.1% from the January 15th total of 973,125 shares. Currently, 2.0% of the company’s stock are sold short. Based on an average daily trading volume, of 714,728 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily trading volume, of 714,728 shares, the days-to-cover ratio is currently 0.9 days. Currently, 2.0% of the company’s stock are sold short.

iShares MSCI Spain ETF Stock Down 1.0%

Shares of EWP traded down $0.55 during mid-day trading on Friday, hitting $55.61. The stock had a trading volume of 1,359,764 shares, compared to its average volume of 767,705. iShares MSCI Spain ETF has a fifty-two week low of $33.85 and a fifty-two week high of $57.63. The company has a market cap of $1.86 billion, a PE ratio of 10.89 and a beta of 0.86. The company’s fifty day simple moving average is $54.74 and its two-hundred day simple moving average is $51.13.

Institutional Investors Weigh In On iShares MSCI Spain ETF

A number of institutional investors have recently modified their holdings of EWP. Brookstone Capital Management bought a new position in shares of iShares MSCI Spain ETF during the second quarter worth about $230,000. Bank of Montreal Can bought a new position in iShares MSCI Spain ETF in the 2nd quarter worth about $251,000. Patten Group Inc. grew its position in iShares MSCI Spain ETF by 3.7% in the 2nd quarter. Patten Group Inc. now owns 8,328 shares of the exchange traded fund’s stock worth $367,000 after purchasing an additional 300 shares during the last quarter. St. Louis Financial Planners Asset Management LLC acquired a new stake in shares of iShares MSCI Spain ETF in the third quarter valued at approximately $1,459,000. Finally, Capital Wealth Alliance LLC bought a new stake in shares of iShares MSCI Spain ETF during the second quarter valued at approximately $243,000. Institutional investors own 38.17% of the company’s stock.

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.