iShares MSCI Austria ETF (NYSEARCA:EWO) Sees Significant Growth in Short Interest

iShares MSCI Austria ETF (NYSEARCA:EWO) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 42,890 shares, a growth of 67.5% from the September 30th total of 25,612 shares. Based on an average daily volume of 42,308 shares, the short-interest ratio is currently 1.0 days. Approximately 1.0% of the shares of the company are sold short.

Hedge Funds Weigh In On iShares MSCI Austria ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC increased its position in iShares MSCI Austria ETF by 425.0% in the first quarter. EverSource Wealth Advisors LLC now owns 1,071 shares of the company’s stock worth $38,000 after buying an additional 867 shares in the last quarter. Royal Bank of Canada lifted its position in shares of iShares MSCI Austria ETF by 59.1% during the 1st quarter. Royal Bank of Canada now owns 2,288 shares of the company’s stock valued at $82,000 after buying an additional 850 shares in the last quarter. Roan Capital Partners bought a new position in shares of iShares MSCI Austria ETF during the 2nd quarter valued at approximately $304,000. Trust Co. of Oklahoma bought a new position in shares of iShares MSCI Austria ETF during the 3rd quarter valued at approximately $401,000. Finally, BFI Infinity Ltd. purchased a new stake in iShares MSCI Austria ETF in the 3rd quarter worth approximately $458,000.

iShares MSCI Austria ETF Stock Performance

Shares of NYSEARCA EWO opened at $39.54 on Monday. iShares MSCI Austria ETF has a 12-month low of $30.61 and a 12-month high of $44.98. The firm has a 50 day moving average of $42.32 and a 200 day moving average of $40.18. The firm has a market capitalization of $172.00 million, a price-to-earnings ratio of 11.04 and a beta of 0.82.

iShares MSCI Austria ETF Company Profile

iShares MSCI Austria Capped ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the MSCI Austria IMI 25/50 Index (the Underlying Index). The Underlying Index consists of stocks traded on the Vienna Stock Exchange. The Underlying Index is a free-float adjusted market capitalization weighted index with a capping methodology applied to issuer weights so that no single issuer of a component exceeds 25% of the Underlying Index weight and all issuers with weight above 5% do not exceed 50% of the Underlying Index weight.