iShares MSCI Netherlands ETF (NYSEARCA:EWN) Short Interest Update

iShares MSCI Netherlands ETF (NYSEARCA:EWN) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 61,164 shares, an increase of 98.9% from the December 31st total of 30,758 shares. Approximately 1.2% of the company’s shares are sold short. Based on an average daily volume of 124,522 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily volume of 124,522 shares, the days-to-cover ratio is presently 0.5 days. Approximately 1.2% of the company’s shares are sold short.

Hedge Funds Weigh In On iShares MSCI Netherlands ETF

Several institutional investors have recently bought and sold shares of EWN. Flow Traders U.S. LLC acquired a new stake in shares of iShares MSCI Netherlands ETF during the second quarter worth about $4,540,000. Bank of America Corp DE increased its stake in iShares MSCI Netherlands ETF by 864.0% during the 3rd quarter. Bank of America Corp DE now owns 76,388 shares of the exchange traded fund’s stock worth $4,431,000 after buying an additional 68,464 shares during the period. Lido Advisors LLC lifted its holdings in iShares MSCI Netherlands ETF by 219.4% during the 3rd quarter. Lido Advisors LLC now owns 62,249 shares of the exchange traded fund’s stock worth $3,611,000 after buying an additional 42,761 shares in the last quarter. Mount Lucas Management LP boosted its position in iShares MSCI Netherlands ETF by 522.6% in the 2nd quarter. Mount Lucas Management LP now owns 14,756 shares of the exchange traded fund’s stock valued at $804,000 after buying an additional 12,386 shares during the period. Finally, The Manufacturers Life Insurance Company acquired a new position in shares of iShares MSCI Netherlands ETF in the second quarter worth $575,000.

iShares MSCI Netherlands ETF Stock Performance

Shares of EWN traded down $1.21 during midday trading on Friday, hitting $62.27. 81,561 shares of the stock were exchanged, compared to its average volume of 133,743. iShares MSCI Netherlands ETF has a 52-week low of $41.40 and a 52-week high of $64.01. The stock has a fifty day simple moving average of $59.19 and a 200 day simple moving average of $56.93. The firm has a market cap of $314.46 million, a P/E ratio of 19.71 and a beta of 1.16.

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.