iShares MSCI Denmark ETF (BATS:EDEN) Short Interest Up 261.7% in August

iShares MSCI Denmark ETF (BATS:EDEN) saw a large growth in short interest in August. As of August 14th, there was short interest totaling 3,722 shares, a growth of 261.7% from the July 30th total of 1,029 shares. Based on an average daily trading volume, of 21,568 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.2% of the company’s shares are sold short.

Institutional Trading of iShares MSCI Denmark ETF

Several institutional investors and hedge funds have recently made changes to their positions in EDEN. Rhumbline Advisers lifted its stake in iShares MSCI Denmark ETF by 40.2% in the first quarter. Rhumbline Advisers now owns 488 shares of the company’s stock worth $51,000 after acquiring an additional 140 shares during the period. Flow Traders U.S. LLC purchased a new stake in shares of iShares MSCI Denmark ETF in the 2nd quarter worth approximately $270,000. Raymond James Financial Inc. purchased a new stake in shares of iShares MSCI Denmark ETF in the 2nd quarter worth approximately $41,000. Cresset Asset Management LLC bought a new position in shares of iShares MSCI Denmark ETF during the third quarter valued at approximately $262,000. Finally, Dai ichi Life Holdings Inc. purchased a new position in iShares MSCI Denmark ETF during the third quarter valued at approximately $1,013,000.

iShares MSCI Denmark ETF Stock Down 0.3%

Shares of BATS:EDEN opened at $118.09 on Friday. The business’s 50 day moving average is $114.04 and its 200 day moving average is $110.62. The stock has a market cap of $236.18 million, a P/E ratio of 16.34 and a beta of 0.95. iShares MSCI Denmark ETF has a 52-week low of $98.31 and a 52-week high of $125.64.

About iShares MSCI Denmark ETF

The iShares MSCI Denmark ETF (EDEN) is an exchange-traded fund that is based on the MSCI Denmark IMI 25\u002F50 index, a market-cap-weighted index of Danish stocks. EDEN was launched on Jan 25, 2012 and is managed by BlackRock.