iShares MSCI Belgium ETF (NYSEARCA:EWK) Shares Shorted: Short Interest Down 68.7% in October

iShares MSCI Belgium ETF (NYSEARCA:EWK) was the recipient of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 45,709 shares, a decline of 68.7% from the September 30th total of 146,032 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 73,477 shares, the days-to-cover ratio is presently 0.6 days.

iShares MSCI Belgium ETF Trading Down 0.0%

EWK traded down $0.01 during mid-day trading on Friday, hitting $26.22. 9,369 shares of the stock were exchanged, compared to its average volume of 42,256. The firm’s fifty day moving average is $26.48 and its two-hundred day moving average is $26.25. iShares MSCI Belgium ETF has a 1-year low of $23.22 and a 1-year high of $27.96. The company has a market cap of $247.52 million, a PE ratio of 18.50 and a beta of 0.68.

Institutional Trading of iShares MSCI Belgium ETF

A hedge fund recently bought a new position in iShares MSCI Belgium ETF stock. Cetera Investment Advisers bought a new position in shares of iShares MSCI Belgium ETF (NYSEARCA:EWK) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund bought 67,993 shares of the company’s stock, valued at approximately $1,653,000. Cetera Investment Advisers owned approximately 1.55% of iShares MSCI Belgium ETF at the end of the most recent reporting period.

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.