Short Interest in iShares MSCI Netherlands ETF (NYSEARCA:EWN) Decreases By 86.3%

iShares MSCI Netherlands ETF (NYSEARCA:EWN) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 35,510 shares, a decline of 86.3% from the August 15th total of 260,031 shares. Based on an average daily trading volume, of 246,834 shares, the short-interest ratio is presently 0.1 days. Approximately 0.4% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. The Manufacturers Life Insurance Company acquired a new position in shares of iShares MSCI Netherlands ETF during the 2nd quarter worth approximately $1,345,000. Integrated Wealth Concepts LLC acquired a new stake in iShares MSCI Netherlands ETF during the 2nd quarter valued at $1,094,000. Vertex Investment Solutions Co. Ltd. increased its position in iShares MSCI Netherlands ETF by 246.6% during the second quarter. Vertex Investment Solutions Co. Ltd. now owns 25,300 shares of the exchange traded fund’s stock worth $1,757,000 after buying an additional 18,000 shares in the last quarter. Boltwood Capital Management purchased a new position in iShares MSCI Netherlands ETF during the second quarter worth $292,000. Finally, Parallel Advisors LLC increased its position in iShares MSCI Netherlands ETF by 15.0% during the first quarter. Parallel Advisors LLC now owns 5,245 shares of the exchange traded fund’s stock worth $302,000 after buying an additional 685 shares in the last quarter.

iShares MSCI Netherlands ETF Trading Up 0.5%

NYSEARCA:EWN opened at $67.84 on Friday. The company has a market capitalization of $624.13 million, a P/E ratio of 19.71 and a beta of 1.13. The firm has a 50-day moving average price of $68.32 and a two-hundred day moving average price of $65.30. iShares MSCI Netherlands ETF has a twelve month low of $54.39 and a twelve month high of $71.85.

About iShares MSCI Netherlands ETF

iShares MSCI Netherlands ETF, formerly iShares MSCI Netherlands Investable Market 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 Netherlands Investable Market Index (the Index). The Index consists of stocks traded primarily on the Amsterdam Stock Exchange. Components primarily include consumer staples, financial and industrials companies. The Fund invests in a particular segment of the securities markets and seeks to track the performance of a securities index that generally is not representative of the market as a whole.