Short Interest in iShares MSCI Belgium ETF (NYSEARCA:EWK) Grows By 28.7%

iShares MSCI Belgium ETF (NYSEARCA:EWK) was the target of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 21,878 shares, an increase of 28.7% from the February 12th total of 17,003 shares. Currently, 2.3% of the shares of the stock are short sold. Based on an average daily volume of 18,369 shares, the days-to-cover ratio is currently 1.2 days. Based on an average daily volume of 18,369 shares, the days-to-cover ratio is currently 1.2 days. Currently, 2.3% of the shares of the stock are short sold.

Institutional Investors Weigh In On iShares MSCI Belgium ETF

Institutional investors have recently bought and sold shares of the business. OLD Mission Capital LLC raised its holdings in iShares MSCI Belgium ETF by 2,710.8% during the fourth quarter. OLD Mission Capital LLC now owns 253,534 shares of the company’s stock valued at $6,161,000 after acquiring an additional 244,514 shares during the period. Moran Wealth Management LLC boosted its stake in shares of iShares MSCI Belgium ETF by 388.1% in the fourth quarter. Moran Wealth Management LLC now owns 289,506 shares of the company’s stock worth $7,036,000 after acquiring an additional 230,193 shares during the period. Hilltop Holdings Inc. purchased a new stake in shares of iShares MSCI Belgium ETF during the fourth quarter worth about $2,529,000. Geneos Wealth Management Inc. purchased a new stake in shares of iShares MSCI Belgium ETF during the second quarter worth about $1,502,000. Finally, Jane Street Group LLC raised its stake in iShares MSCI Belgium ETF by 157.9% during the 2nd quarter. Jane Street Group LLC now owns 91,296 shares of the company’s stock valued at $2,013,000 after purchasing an additional 55,890 shares during the period.

iShares MSCI Belgium ETF Price Performance

Shares of EWK stock traded down $0.31 on Friday, hitting $24.22. 168,821 shares of the stock traded hands, compared to its average volume of 21,651. The firm has a market cap of $23.25 million, a price-to-earnings ratio of 18.50 and a beta of 0.81. iShares MSCI Belgium ETF has a 52 week low of $18.12 and a 52 week high of $27.63. The firm has a 50 day simple moving average of $25.93 and a two-hundred day simple moving average of $24.48.

iShares MSCI Belgium ETF Company Profile

iShares MSCI Belgium Capped ETF, formerly iShares MSCI Belgium Capped Investable Market Index Fund (the 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 Belgian market, as measured by the MSCI Belgium Investable Market Index (the Index). The Index seeks to measure the performance of the Belgian equity market. It is a capitalization-weighted index that aims to capture 99% of the (publicly available) total market capitalization.