iShares MSCI Belgium ETF (NYSEARCA:EWK) Stock Short Interest Rises 102.4%

iShares MSCI Belgium ETF (NYSEARCA:EWK) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 146,032 shares, an increase of 102.4% from the September 15th total of 72,165 shares. Approximately 1.6% of the company’s shares are short sold. Based on an average trading volume of 71,076 shares, the short-interest ratio is presently 2.1 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in iShares MSCI Belgium ETF stock. Cetera Investment Advisers purchased a new stake in shares of iShares MSCI Belgium ETF (NYSEARCA:EWK) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 67,993 shares of the company’s stock, valued at approximately $1,653,000. Cetera Investment Advisers owned 1.55% of iShares MSCI Belgium ETF at the end of the most recent quarter.

iShares MSCI Belgium ETF Trading Down 0.0%

NYSEARCA:EWK traded down $0.00 during trading hours on Wednesday, hitting $25.18. 4,782 shares of the stock traded hands, compared to its average volume of 43,857. The firm has a 50 day moving average price of $26.76 and a 200 day moving average price of $26.48. The firm has a market cap of $233.66 million, a price-to-earnings ratio of 18.50 and a beta of 0.68. iShares MSCI Belgium ETF has a fifty-two week low of $23.22 and a fifty-two week high of $27.96.

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.