iShares MSCI Australia ETF (NYSEARCA:EWA) Short Interest Up 70.2% in February

iShares MSCI Australia ETF (NYSEARCA:EWA) saw a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 4,812,363 shares, a growth of 70.2% from the February 12th total of 2,827,328 shares. Approximately 10.4% of the shares of the company are sold short. Based on an average daily volume of 5,333,779 shares, the short-interest ratio is currently 0.9 days. Based on an average daily volume of 5,333,779 shares, the short-interest ratio is currently 0.9 days. Approximately 10.4% of the shares of the company are sold short.

Institutional Investors Weigh In On iShares MSCI Australia ETF

Several institutional investors have recently made changes to their positions in the stock. Johnson Financial Group Inc. purchased a new position in shares of iShares MSCI Australia ETF in the 3rd quarter valued at about $32,000. Tower Research Capital LLC TRC grew its position in iShares MSCI Australia ETF by 10,333.3% during the second quarter. Tower Research Capital LLC TRC now owns 1,565 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 1,550 shares during the period. Nalls Sherbakoff Group LLC purchased a new position in iShares MSCI Australia ETF in the fourth quarter valued at about $47,000. Jones Financial Companies Lllp acquired a new stake in shares of iShares MSCI Australia ETF during the 1st quarter valued at approximately $42,000. Finally, Simplex Trading LLC purchased a new stake in shares of iShares MSCI Australia ETF during the 2nd quarter worth approximately $71,000. 59.69% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Australia ETF Trading Down 1.1%

Shares of EWA traded down $0.31 during mid-day trading on Friday, hitting $28.11. The company’s stock had a trading volume of 2,790,596 shares, compared to its average volume of 6,146,743. iShares MSCI Australia ETF has a 1-year low of $20.50 and a 1-year high of $30.24. The firm has a market capitalization of $1.30 billion, a P/E ratio of 19.89 and a beta of 1.04. The firm has a 50-day simple moving average of $28.16 and a 200 day simple moving average of $27.14.

iShares MSCI Australia ETF Company Profile

iShares MSCI Australia ETF (the Fund), formerly iShares MSCI Australia Index Fund, is an exchange-traded fund (ETF). The Fund seeks to provide investment results that correspond generally to the price and yield performance, of publicly traded securities in the Australian market, as represented by the MSCI Australia Index (the Index). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. The Index seeks to measure the performance of the Australian equity market.