Short Interest in iShares MSCI Italy ETF (NYSEARCA:EWI) Grows By 139.5%

iShares MSCI Italy ETF (NYSEARCA:EWI) saw a large growth in short interest in August. As of August 31st, there was short interest totaling 187,300 shares, a growth of 139.5% from the August 15th total of 78,200 shares. Currently, 1.3% of the shares of the stock are short sold. Based on an average daily volume of 397,900 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 397,900 shares, the short-interest ratio is currently 0.5 days. Currently, 1.3% of the shares of the stock are short sold.

Institutional Investors Weigh In On iShares MSCI Italy ETF

A number of large investors have recently modified their holdings of EWI. The Manufacturers Life Insurance Company purchased a new stake in shares of iShares MSCI Italy ETF during the first quarter worth $42,390,000. Banco Bilbao Vizcaya Argentaria S.A. acquired a new stake in shares of iShares MSCI Italy ETF in the 2nd quarter worth $46,048,000. Tradewinds Capital Management LLC increased its stake in shares of iShares MSCI Italy ETF by 31,587,000.0% in the 2nd quarter. Tradewinds Capital Management LLC now owns 631,742 shares of the exchange traded fund’s stock worth $30,412,000 after acquiring an additional 631,740 shares during the last quarter. Schroder Investment Management Group acquired a new stake in shares of iShares MSCI Italy ETF in the 2nd quarter worth $18,905,000. Finally, Ameriprise Financial Inc. increased its stake in shares of iShares MSCI Italy ETF by 24.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 710,888 shares of the exchange traded fund’s stock worth $34,227,000 after acquiring an additional 139,088 shares during the last quarter. Hedge funds and other institutional investors own 37.96% of the company’s stock.

iShares MSCI Italy ETF Stock Up 1.1%

Shares of iShares MSCI Italy ETF stock traded up $0.57 during trading hours on Monday, reaching $52.29. 59,295 shares of the company’s stock were exchanged, compared to its average volume of 461,460. iShares MSCI Italy ETF has a 1 year low of $35.20 and a 1 year high of $52.56. The company has a market capitalization of $768.72 million, a P/E ratio of 12.30 and a beta of 1.03. The business has a fifty day moving average of $49.89 and a two-hundred day moving average of $46.41.

iShares MSCI Italy ETF Company Profile

iShares MSCI Italy Capped ETF, formerly iShares MSCI Italy Capped 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 Italy 25/50 Index (Index). The Index consists of stocks traded primarily on the Milan Stock Exchange.