Short Interest in iShares MSCI Denmark ETF (BATS:EDEN) Decreases By 36.6%

iShares MSCI Denmark ETF (BATS:EDEN) saw a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 3,388 shares, a drop of 36.6% from the April 15th total of 5,342 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 3,252 shares, the days-to-cover ratio is presently 1.0 days.

iShares MSCI Denmark ETF Stock Down 0.8%

EDEN stock opened at $110.06 on Wednesday. The business has a fifty day moving average of $107.08 and a two-hundred day moving average of $111.44. The stock has a market cap of $220.12 million, a price-to-earnings ratio of 16.34 and a beta of 0.95. iShares MSCI Denmark ETF has a 52-week low of $98.31 and a 52-week high of $125.64.

Institutional Investors Weigh In On iShares MSCI Denmark ETF

A number of institutional investors have recently modified their holdings of EDEN. Raymond James Financial Inc. acquired a new stake in shares of iShares MSCI Denmark ETF in the second quarter valued at $41,000. Rhumbline Advisers grew its stake in shares of iShares MSCI Denmark ETF by 40.2% in the first quarter. Rhumbline Advisers now owns 488 shares of the company’s stock valued at $51,000 after buying an additional 140 shares in the last quarter. Arax Advisory Partners acquired a new stake in shares of iShares MSCI Denmark ETF in the fourth quarter valued at $107,000. CIBC Private Wealth Group LLC acquired a new stake in shares of iShares MSCI Denmark ETF in the fourth quarter valued at $119,000. Finally, PNC Financial Services Group Inc. acquired a new stake in shares of iShares MSCI Denmark ETF in the third quarter valued at $132,000.

iShares MSCI Denmark ETF Company Profile

The iShares MSCI Denmark ETF (EDEN) is an exchange-traded fund that is based on the MSCI Denmark IMI 25\u002F50 index, a market-cap-weighted index of Danish stocks. EDEN was launched on Jan 25, 2012 and is managed by BlackRock.