iShares MSCI Sweden ETF (NYSEARCA:EWD) Sees Significant Increase in Short Interest

iShares MSCI Sweden ETF (NYSEARCA:EWD) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totaling 76,740 shares, an increase of 167.2% from the April 15th total of 28,723 shares. Based on an average daily volume of 169,020 shares, the short-interest ratio is currently 0.5 days. Approximately 1.3% of the shares of the stock are sold short.

iShares MSCI Sweden ETF Stock Performance

Shares of NYSEARCA:EWD opened at $49.57 on Friday. iShares MSCI Sweden ETF has a 52-week low of $42.99 and a 52-week high of $54.93. The company has a market capitalization of $300.89 million, a PE ratio of 20.15 and a beta of 1.09. The company has a fifty day moving average of $50.75 and a 200-day moving average of $50.38.

Institutional Investors Weigh In On iShares MSCI Sweden ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Kestra Advisory Services LLC bought a new stake in shares of iShares MSCI Sweden ETF in the 4th quarter worth approximately $33,000. Jones Financial Companies Lllp lifted its holdings in shares of iShares MSCI Sweden ETF by 398.7% during the 1st quarter. Jones Financial Companies Lllp now owns 1,157 shares of the company’s stock worth $49,000 after acquiring an additional 925 shares during the last quarter. Rhumbline Advisers lifted its holdings in shares of iShares MSCI Sweden ETF by 76.8% during the 1st quarter. Rhumbline Advisers now owns 2,900 shares of the company’s stock worth $122,000 after acquiring an additional 1,260 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of iShares MSCI Sweden ETF during the 2nd quarter worth $122,000. Finally, CIBC Private Wealth Group LLC bought a new stake in shares of iShares MSCI Sweden ETF during the 4th quarter worth $129,000. Hedge funds and other institutional investors own 49.63% of the company’s stock.

iShares MSCI Sweden ETF Company Profile

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