iShares MSCI Belgium ETF (NYSEARCA:EWK) Short Interest Update

iShares MSCI Belgium ETF (NYSEARCA:EWK) was the target of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 187,767 shares, a decrease of 86.9% from the May 31st total of 1,432,337 shares. Currently, 4.3% of the company’s shares are short sold. Based on an average daily volume of 42,714 shares, the days-to-cover ratio is presently 4.4 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Raymond James Financial Inc. acquired a new position in shares of iShares MSCI Belgium ETF during the second quarter valued at about $65,000. Bank of Montreal Can bought a new stake in iShares MSCI Belgium ETF during the 4th quarter worth approximately $80,000. Osaic Holdings Inc. grew its holdings in iShares MSCI Belgium ETF by 26.2% during the second 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 increased its stake in iShares MSCI Belgium ETF by 51.6% in the 4th quarter. Idaho Trust Co now owns 13,560 shares of the company’s stock valued at $330,000 after buying an additional 4,615 shares during the last quarter. Finally, DRW Securities LLC grew its stake in iShares MSCI Belgium ETF by 39.0% in the 4th quarter. DRW Securities LLC now owns 23,400 shares of the company’s stock valued at $569,000 after purchasing an additional 6,566 shares during the period.

iShares MSCI Belgium ETF Price Performance

NYSEARCA EWK traded up $0.08 during mid-day trading on Friday, reaching $26.94. 137,868 shares of the stock were exchanged, compared to its average volume of 44,868. The stock has a 50 day simple moving average of $26.51 and a 200-day simple moving average of $25.70. iShares MSCI Belgium ETF has a one year low of $21.74 and a one year high of $27.73. The stock has a market cap of $118.54 million, a P/E ratio of 18.50 and a beta of 0.68.

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.