Short Interest in iShares MSCI Belgium ETF (NYSEARCA:EWK) Decreases By 92.0%
by Teresa Graham · The Cerbat GemiShares MSCI Belgium ETF (NYSEARCA:EWK – Get Free Report) was the target of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totaling 57,468 shares, a decrease of 92.0% from the March 15th total of 721,211 shares. Approximately 1.6% of the company’s shares are sold short. Based on an average daily trading volume, of 44,006 shares, the short-interest ratio is presently 1.3 days.
iShares MSCI Belgium ETF Stock Up 0.2%
Shares of EWK traded up $0.04 on Friday, hitting $26.03. 63,535 shares of the stock traded hands, compared to its average volume of 26,824. iShares MSCI Belgium ETF has a 1 year low of $19.32 and a 1 year high of $27.63. The stock’s 50 day moving average is $25.58 and its two-hundred day moving average is $24.67. The firm has a market capitalization of $95.79 million, a P/E ratio of 18.50 and a beta of 0.70.
Hedge Funds Weigh In On iShares MSCI Belgium ETF
Several institutional investors and hedge funds have recently bought and sold shares of EWK. OLD Mission Capital LLC increased its position in iShares MSCI Belgium ETF by 2,710.8% during the fourth quarter. OLD Mission Capital LLC now owns 253,534 shares of the company’s stock worth $6,161,000 after purchasing an additional 244,514 shares during the last quarter. Moran Wealth Management LLC increased its position in iShares MSCI Belgium ETF by 388.1% during the fourth quarter. Moran Wealth Management LLC now owns 289,506 shares of the company’s stock worth $7,036,000 after purchasing an additional 230,193 shares during the last quarter. Hilltop Holdings Inc. acquired a new position in iShares MSCI Belgium ETF during the fourth quarter worth approximately $2,529,000. Geneos Wealth Management Inc. acquired a new position in iShares MSCI Belgium ETF during the second quarter worth approximately $1,502,000. Finally, Jane Street Group LLC increased its position in iShares MSCI Belgium ETF by 157.9% during the second quarter. Jane Street Group LLC now owns 91,296 shares of the company’s stock worth $2,013,000 after purchasing an additional 55,890 shares during the last quarter.
iShares MSCI Belgium ETF Company Profile
iShares MSCI Belgium Capped ETF, formerly iShares MSCI Belgium Capped Investable Market Index Fund (the Fund), is an exchange-traded fund. The 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 Belgian market, as measured by the MSCI Belgium Investable Market Index (the Index). The Index seeks to measure the performance of the Belgian equity market. It is a capitalization-weighted index that aims to capture 99% of the (publicly available) total market capitalization.