Short Interest in iShares MSCI Sweden ETF (NYSEARCA:EWD) Rises By 173.8%

iShares MSCI Sweden ETF (NYSEARCA:EWD) saw a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 235,012 shares, a growth of 173.8% from the July 30th total of 85,824 shares. Currently, 2.1% of the company’s stock are short sold. Based on an average daily trading volume, of 569,797 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On iShares MSCI Sweden ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC acquired a new stake in iShares MSCI Sweden ETF during the fourth quarter worth approximately $33,000. Jones Financial Companies Lllp grew its position in shares of iShares MSCI Sweden ETF by 398.7% in the 1st quarter. Jones Financial Companies Lllp now owns 1,157 shares of the company’s stock valued at $49,000 after buying an additional 925 shares during the last quarter. CIBC Private Wealth Group LLC acquired a new stake in iShares MSCI Sweden ETF during the 4th quarter worth $129,000. Raymond James Financial Inc. acquired a new stake in iShares MSCI Sweden ETF during the 2nd quarter worth $122,000. Finally, AlphaCentric Advisors LLC acquired a new stake in iShares MSCI Sweden ETF during the 4th quarter worth $134,000. 49.63% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Sweden ETF Stock Performance

Shares of NYSEARCA:EWD traded down $0.23 on Friday, hitting $53.68. 78,831 shares of the company’s stock were exchanged, compared to its average volume of 206,007. iShares MSCI Sweden ETF has a 1-year low of $45.34 and a 1-year high of $54.93. The company has a market capitalization of $595.85 million, a PE ratio of 20.15 and a beta of 1.08. The firm’s 50-day moving average is $51.44 and its 200 day moving average is $51.49.

About iShares MSCI Sweden ETF

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