iShares MSCI Netherlands ETF (NYSEARCA:EWN) Shares Shorted: Short Interest Up 193.4% in September

iShares MSCI Netherlands ETF (NYSEARCA:EWN) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 104,169 shares, a growth of 193.4% from the August 31st total of 35,510 shares. Based on an average daily volume of 231,989 shares, the short-interest ratio is currently 0.4 days. Currently, 1.1% of the shares of the company are short sold.

iShares MSCI Netherlands ETF Price Performance

Shares of NYSEARCA:EWN traded up $0.51 on Friday, reaching $68.01. The company’s stock had a trading volume of 47,352 shares, compared to its average volume of 179,256. The stock’s 50-day moving average is $68.21 and its two-hundred day moving average is $65.70. iShares MSCI Netherlands ETF has a 52-week low of $54.99 and a 52-week high of $71.85. The stock has a market capitalization of $652.90 million, a P/E ratio of 19.71 and a beta of 1.13.

Institutional Trading of iShares MSCI Netherlands ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. The Manufacturers Life Insurance Company acquired a new stake in iShares MSCI Netherlands ETF during the 2nd quarter worth approximately $1,345,000. Integrated Wealth Concepts LLC acquired a new position in shares of iShares MSCI Netherlands ETF in the second quarter valued at approximately $1,094,000. Vertex Investment Solutions Co. Ltd. increased its holdings in shares of iShares MSCI Netherlands ETF by 246.6% in the second quarter. Vertex Investment Solutions Co. Ltd. now owns 25,300 shares of the exchange traded fund’s stock valued at $1,757,000 after purchasing an additional 18,000 shares during the period. Boltwood Capital Management purchased a new stake in shares of iShares MSCI Netherlands ETF during the second quarter worth approximately $292,000. Finally, Parallel Advisors LLC raised its stake in shares of iShares MSCI Netherlands ETF by 15.0% during the first quarter. Parallel Advisors LLC now owns 5,245 shares of the exchange traded fund’s stock worth $302,000 after purchasing an additional 685 shares during the last quarter.

About iShares MSCI Netherlands ETF

iShares MSCI Netherlands ETF, formerly iShares MSCI Netherlands Investable Market Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Netherlands Investable Market Index (the Index). The Index consists of stocks traded primarily on the Amsterdam Stock Exchange. Components primarily include consumer staples, financial and industrials companies. The Fund invests in a particular segment of the securities markets and seeks to track the performance of a securities index that generally is not representative of the market as a whole.