iShares MSCI Canada ETF (NYSEARCA:EWC) Short Interest Update

by · The Cerbat Gem

iShares MSCI Canada ETF (NYSEARCA:EWC – Get Free Report) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 3,571,526 shares, a decline of 23.5% from the December 15th total of 4,670,023 shares. Based on an average daily trading volume, of 1,753,866 shares, the days-to-cover ratio is currently 2.0 days. Currently, 5.0% of the company’s shares are short sold. Currently, 5.0% of the company’s shares are short sold. Based on an average daily trading volume, of 1,753,866 shares, the days-to-cover ratio is currently 2.0 days.

iShares MSCI Canada ETF Stock Down 0.2%

NYSEARCA EWC traded down $0.09 during trading hours on Friday, hitting $55.13. The company’s stock had a trading volume of 1,347,941 shares, compared to its average volume of 2,241,581. iShares MSCI Canada ETF has a twelve month low of $36.70 and a twelve month high of $55.38. The firm has a market capitalization of $3.95 billion, a P/E ratio of 19.77 and a beta of 0.94. The stock has a fifty day moving average of $53.11 and a 200 day moving average of $50.27.

Hedge Funds Weigh In On iShares MSCI Canada ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC lifted its holdings in shares of iShares MSCI Canada ETF by 8.5% in the third quarter. Allspring Global Investments Holdings LLC now owns 341,146 shares of the exchange traded fund’s stock valued at $17,245,000 after purchasing an additional 26,733 shares in the last quarter. Bank of Nova Scotia acquired a new stake in iShares MSCI Canada ETF in the 2nd quarter valued at approximately $40,619,000. Wealthfront Advisers LLC bought a new stake in iShares MSCI Canada ETF in the 2nd quarter valued at approximately $230,000. Colton Groome Financial Advisors LLC acquired a new position in iShares MSCI Canada ETF during the 2nd quarter worth approximately $2,457,000. Finally, Coppell Advisory Solutions LLC bought a new position in shares of iShares MSCI Canada ETF during the 2nd quarter worth approximately $792,000.

About iShares MSCI Canada ETF

(Get Free Report)

iShares MSCI Canada ETF (the Fund), formerly iShares MSCI Canada Index Fund, is an exchange-traded fund (ETF). 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 Canadian market, as measured by the MSCI Canada Index (the Index). The Index seeks to measure the performance of the Canadian equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.

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