Short Interest in iShares MSCI Netherlands ETF (NYSEARCA:EWN) Declines By 86.3%

iShares MSCI Netherlands ETF (NYSEARCA:EWN) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 35,510 shares, a decline of 86.3% from the August 15th total of 260,031 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 246,834 shares, the days-to-cover ratio is currently 0.1 days.

iShares MSCI Netherlands ETF Stock Up 0.5%

EWN traded up $0.31 during trading on Friday, hitting $67.84. The company’s stock had a trading volume of 61,581 shares, compared to its average volume of 185,304. The firm has a market capitalization of $624.13 million, a P/E ratio of 19.71 and a beta of 1.13. iShares MSCI Netherlands ETF has a twelve month low of $54.39 and a twelve month high of $71.85. The stock’s fifty day moving average price is $68.32 and its 200-day moving average price is $65.30.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Trek Financial LLC bought a new position in iShares MSCI Netherlands ETF in the fourth quarter worth approximately $705,000. Meeder Asset Management Inc. acquired a new stake in iShares MSCI Netherlands ETF in the first quarter valued at approximately $481,000. Royal Bank of Canada increased its holdings in shares of iShares MSCI Netherlands ETF by 74.1% during the first quarter. Royal Bank of Canada now owns 55,971 shares of the exchange traded fund’s stock valued at $3,219,000 after acquiring an additional 23,828 shares in the last quarter. Vertex Investment Solutions Co. Ltd. increased its holdings in shares of iShares MSCI Netherlands ETF by 246.6% during the second quarter. Vertex Investment Solutions Co. Ltd. now owns 25,300 shares of the exchange traded fund’s stock valued at $1,757,000 after acquiring an additional 18,000 shares in the last quarter. Finally, Lido Advisors LLC raised its position in shares of iShares MSCI Netherlands ETF by 157.0% during the first quarter. Lido Advisors LLC now owns 163,571 shares of the exchange traded fund’s stock worth $9,407,000 after purchasing an additional 99,925 shares during the period.

About iShares MSCI Netherlands ETF

iShares MSCI Netherlands ETF, formerly iShares MSCI Netherlands Investable Market Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Netherlands Investable Market Index (the Index). The Index consists of stocks traded primarily on the Amsterdam Stock Exchange. Components primarily include consumer staples, financial and industrials companies. The Fund invests in a particular segment of the securities markets and seeks to track the performance of a securities index that generally is not representative of the market as a whole.