Short Interest in iShares MSCI France ETF (NYSEARCA:EWQ) Expands By 50.0%

iShares MSCI France ETF (NYSEARCA:EWQ) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 594,100 shares, a growth of 50.0% from the August 31st total of 396,000 shares. Based on an average daily volume of 313,600 shares, the short-interest ratio is presently 1.9 days. Based on an average daily volume of 313,600 shares, the short-interest ratio is presently 1.9 days.

iShares MSCI France ETF Stock Performance

EWQ stock opened at $44.19 on Tuesday. The stock’s 50 day moving average price is $43.19 and its 200 day moving average price is $42.12. The firm has a market cap of $397.71 million, a P/E ratio of 17.82 and a beta of 1.03. iShares MSCI France ETF has a 1 year low of $35.22 and a 1 year high of $44.92.

Institutional Trading of iShares MSCI France ETF

Several institutional investors and hedge funds have recently made changes to their positions in EWQ. Raymond James Financial Inc. purchased a new stake in iShares MSCI France ETF during the 2nd quarter worth about $30,000. Comerica Bank boosted its stake in shares of iShares MSCI France ETF by 54.9% during the 1st quarter. Comerica Bank now owns 1,182 shares of the exchange traded fund’s stock worth $47,000 after purchasing an additional 419 shares during the last quarter. Headlands Technologies LLC acquired a new stake in shares of iShares MSCI France ETF during the 1st quarter worth about $60,000. TD Waterhouse Canada Inc. grew its holdings in shares of iShares MSCI France ETF by 46.8% during the second quarter. TD Waterhouse Canada Inc. now owns 2,274 shares of the exchange traded fund’s stock worth $97,000 after buying an additional 725 shares in the last quarter. Finally, CX Institutional acquired a new position in shares of iShares MSCI France ETF in the first quarter valued at approximately $144,000. 73.46% of the stock is currently owned by hedge funds and other institutional investors.

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.