iShares MSCI France ETF (NYSEARCA:EWQ – Get Free Report) was the target of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 917,250 shares, a growth of 59.5% from the February 26th total of 575,072 shares. Currently, 10.7% of the shares of the company are sold short. Based on an average trading volume of 661,891 shares, the short-interest ratio is currently 1.4 days.
iShares MSCI France ETF Trading Down 0.9%
NYSEARCA:EWQ traded down $0.38 during mid-day trading on Friday, hitting $41.87. The stock had a trading volume of 464,537 shares, compared to its average volume of 480,472. The stock has a market capitalization of $360.08 million, a price-to-earnings ratio of 17.82 and a beta of 0.98. The company has a 50 day simple moving average of $45.28 and a 200-day simple moving average of $44.77. iShares MSCI France ETF has a 52 week low of $35.24 and a 52 week high of $48.39.
Institutional Investors Weigh In On iShares MSCI France ETF
A number of hedge funds have recently made changes to their positions in the business. Boltwood Capital Management boosted its position in shares of iShares MSCI France ETF by 3.2% during the fourth quarter. Boltwood Capital Management now owns 9,650 shares of the exchange traded fund’s stock worth $434,000 after buying an additional 300 shares during the period. Comerica Bank increased its position in iShares MSCI France ETF by 54.9% in the 1st quarter. Comerica Bank now owns 1,182 shares of the exchange traded fund’s stock valued at $47,000 after acquiring an additional 419 shares during the period. Vontobel Holding Ltd. increased its position in iShares MSCI France ETF by 0.9% in the 3rd quarter. Vontobel Holding Ltd. now owns 55,335 shares of the exchange traded fund’s stock valued at $2,431,000 after acquiring an additional 475 shares during the period. BNP Paribas Financial Markets raised its stake in iShares MSCI France ETF by 106.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 949 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 489 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in iShares MSCI France ETF during the 2nd quarter valued at $30,000. Institutional investors own 73.46% of the company’s stock.
About iShares MSCI France ETF
iShares MSCI France ETF, formerly iShares MSCI France Index 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 French market, as measured by the MSCI France Index (the Index). The Index seeks to measure the performance of the French equity market. The Index consists of stocks traded primarily on the Paris Stock Exchange. The Fund invests in sectors, such as industrials, financials, energy, consumer discretionary, consumer staples, healthcare, materials, telecommunication services, utilities and information technology.
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