iShares MSCI Belgium ETF (NYSEARCA:EWK) Sees Large Drop in Short Interest

iShares MSCI Belgium ETF (NYSEARCA:EWK) was the target of a significant drop in short interest in June. As of June 30th, there was short interest totaling 67,673 shares, a drop of 64.0% from the June 15th total of 187,767 shares. Approximately 1.1% of the company’s shares are short sold. Based on an average trading volume of 34,408 shares, the short-interest ratio is presently 2.0 days.

iShares MSCI Belgium ETF Stock Performance

Shares of NYSEARCA EWK opened at $26.27 on Monday. The firm has a market capitalization of $161.82 million, a price-to-earnings ratio of 18.50 and a beta of 0.68. iShares MSCI Belgium ETF has a one year low of $21.74 and a one year high of $27.73. The business has a fifty day simple moving average of $26.73 and a 200 day simple moving average of $25.89.

Institutional Trading of iShares MSCI Belgium ETF

Several institutional investors have recently made changes to their positions in the business. Raymond James Financial Inc. acquired a new stake in iShares MSCI Belgium ETF during the second quarter valued at approximately $65,000. Bank of Montreal Can bought a new stake in shares of iShares MSCI Belgium ETF in the 4th quarter valued at approximately $80,000. Osaic Holdings Inc. raised its holdings in shares of iShares MSCI Belgium ETF by 26.2% in the 2nd quarter. Osaic Holdings Inc. now owns 3,769 shares of the company’s stock worth $83,000 after buying an additional 782 shares in the last quarter. Idaho Trust Co raised its holdings in shares of iShares MSCI Belgium ETF by 51.6% in the 4th quarter. Idaho Trust Co now owns 13,560 shares of the company’s stock worth $330,000 after buying an additional 4,615 shares in the last quarter. Finally, DRW Securities LLC lifted its position in shares of iShares MSCI Belgium ETF by 39.0% during the 4th quarter. DRW Securities LLC now owns 23,400 shares of the company’s stock worth $569,000 after buying an additional 6,566 shares during the period.

About iShares MSCI Belgium ETF

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.