iShares MSCI Austria ETF (NYSEARCA:EWO) Short Interest Down 62.2% in May

iShares MSCI Austria ETF (NYSEARCA:EWO) was the recipient of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 2,095 shares, a decrease of 62.2% from the May 14th total of 5,541 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 17,594 shares, the short-interest ratio is presently 0.1 days.

iShares MSCI Austria ETF Stock Performance

NYSEARCA EWO traded up $0.57 on Friday, reaching $42.05. The company had a trading volume of 15,822 shares, compared to its average volume of 46,209. The firm has a market capitalization of $140.87 million, a price-to-earnings ratio of 11.04 and a beta of 0.81. iShares MSCI Austria ETF has a 1-year low of $27.56 and a 1-year high of $42.14. The company’s fifty day moving average is $39.37 and its 200-day moving average is $37.11.

Hedge Funds Weigh In On iShares MSCI Austria ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Arlington Capital Management Inc. boosted its stake in 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 worth $5,435,000 after purchasing an additional 54,131 shares during the period. CoreCap Advisors LLC increased its stake in iShares MSCI Austria ETF by 2.4% in the 4th 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 during the last quarter. Monument Capital Management increased its stake in iShares MSCI Austria ETF by 4.4% in the 4th 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 during the last quarter. Zacks Investment Management increased its stake in iShares MSCI Austria ETF by 17.8% in the 4th quarter. Zacks Investment Management now owns 53,146 shares of the company’s stock valued at $1,885,000 after buying an additional 8,043 shares during the last quarter. Finally, Focus Partners Wealth acquired a new stake in iShares MSCI Austria ETF in the 4th quarter valued at $1,846,000.

About iShares MSCI Austria ETF

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.