iShares MSCI Sweden ETF (NYSEARCA:EWD) Short Interest Update

iShares MSCI Sweden ETF (NYSEARCA:EWDGet Free Report) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 155,953 shares, a drop of 33.6% from the August 15th total of 235,012 shares. Based on an average daily trading volume, of 79,082 shares, the days-to-cover ratio is currently 2.0 days. Currently, 1.4% of the shares of the company are short sold.

iShares MSCI Sweden ETF Stock Down 1.3%

EWD stock traded down $0.69 during trading on Friday, hitting $50.89. The company had a trading volume of 22,077 shares, compared to its average volume of 203,948. The firm has a 50-day moving average price of $52.12 and a 200-day moving average price of $51.33. The firm has a market cap of $564.88 million, a PE ratio of 20.15 and a beta of 1.09. iShares MSCI Sweden ETF has a 1-year low of $45.34 and a 1-year high of $54.93.

Hedge Funds Weigh In On iShares MSCI Sweden ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Bank of America Corp DE raised its stake in shares of iShares MSCI Sweden ETF by 2.8% during the 1st quarter. Bank of America Corp DE now owns 802,185 shares of the company’s stock worth $39,082,000 after buying an additional 21,649 shares in the last quarter. Marotta Asset Management boosted its stake in shares of iShares MSCI Sweden ETF by 0.5% in the first quarter. Marotta Asset Management now owns 204,189 shares of the company’s stock valued at $10,118,000 after buying an additional 995 shares in the last quarter. Syon Capital LLC grew its holdings in iShares MSCI Sweden ETF by 27.9% during the second quarter. Syon Capital LLC now owns 114,129 shares of the company’s stock worth $5,704,000 after acquiring an additional 24,884 shares during the period. UBS Group AG grew its holdings in iShares MSCI Sweden ETF by 194.3% during the fourth quarter. UBS Group AG now owns 112,398 shares of the company’s stock worth $5,533,000 after acquiring an additional 74,204 shares during the period. Finally, HighTower Advisors LLC raised its position in iShares MSCI Sweden ETF by 3.5% in the fourth quarter. HighTower Advisors LLC now owns 66,261 shares of the company’s stock worth $3,262,000 after acquiring an additional 2,261 shares in the last quarter. 49.63% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Sweden ETF Company Profile

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