iShares MSCI Austria ETF (NYSEARCA:EWO) Short Interest Up 1,601.7% in June

iShares MSCI Austria ETF (NYSEARCA:EWO) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 35,650 shares, a growth of 1,601.7% from the May 31st total of 2,095 shares. Currently, 1.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 36,681 shares, the short-interest ratio is currently 1.0 days.

Institutional Investors Weigh In On iShares MSCI Austria ETF

Hedge funds have recently modified their holdings of the stock. Arlington Capital Management Inc. boosted its position in shares of iShares MSCI Austria ETF by 54.6% in the 4th quarter. Arlington Capital Management Inc. now owns 153,235 shares of the company’s stock valued at $5,435,000 after purchasing an additional 54,131 shares during the period. CoreCap Advisors LLC lifted its stake in iShares MSCI Austria ETF by 2.4% during the fourth quarter. CoreCap Advisors LLC now owns 151,340 shares of the company’s stock valued at $5,368,000 after buying an additional 3,565 shares in the last quarter. Monument Capital Management lifted its stake in iShares MSCI Austria ETF by 4.4% during the fourth quarter. Monument Capital Management now owns 123,819 shares of the company’s stock valued at $4,392,000 after buying an additional 5,227 shares in the last quarter. Zacks Investment Management boosted its holdings in shares of iShares MSCI Austria ETF by 17.8% in the fourth quarter. Zacks Investment Management now owns 53,146 shares of the company’s stock worth $1,885,000 after buying an additional 8,043 shares during the period. Finally, Focus Partners Wealth acquired a new position in shares of iShares MSCI Austria ETF in the fourth quarter worth about $1,846,000.

iShares MSCI Austria ETF Price Performance

Shares of NYSEARCA:EWO traded down $0.38 on Friday, reaching $41.87. 4,872 shares of the company traded hands, compared to its average volume of 45,050. iShares MSCI Austria ETF has a fifty-two week low of $28.84 and a fifty-two week high of $43.60. The company’s 50 day moving average is $40.34 and its 200-day moving average is $37.75. The stock has a market capitalization of $140.26 million, a PE ratio of 11.04 and a beta of 0.81.

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.