iShares MSCI Switzerland ETF (NYSEARCA:EWL) Sees Large Decrease in Short Interest

iShares MSCI Switzerland ETF (NYSEARCA:EWL) saw a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 376,373 shares, a decrease of 56.3% from the August 15th total of 860,833 shares. Based on an average daily trading volume, of 335,189 shares, the short-interest ratio is currently 1.1 days. Approximately 1.1% of the shares of the stock are short sold.

iShares MSCI Switzerland ETF Stock Performance

NYSEARCA:EWL traded down $0.24 during trading hours on Tuesday, reaching $60.25. The stock had a trading volume of 269,006 shares, compared to its average volume of 606,919. The stock has a market capitalization of $2.09 billion, a PE ratio of 21.82 and a beta of 0.77. iShares MSCI Switzerland ETF has a 52 week low of $53.70 and a 52 week high of $65.53. The company has a 50 day moving average price of $62.97 and a two-hundred day moving average price of $61.81.

Hedge Funds Weigh In On iShares MSCI Switzerland ETF

Several institutional investors have recently bought and sold shares of the business. Cetera Investment Advisers increased its holdings in shares of iShares MSCI Switzerland ETF by 1.7% in the 1st quarter. Cetera Investment Advisers now owns 13,719 shares of the exchange traded fund’s stock worth $807,000 after buying an additional 228 shares during the last quarter. Quantinno Capital Management LP raised its position in shares of iShares MSCI Switzerland ETF by 1.3% during the 1st quarter. Quantinno Capital Management LP now owns 18,553 shares of the exchange traded fund’s stock valued at $1,091,000 after buying an additional 237 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of iShares MSCI Switzerland ETF by 1.6% in the 2nd quarter. NewEdge Advisors LLC now owns 15,849 shares of the exchange traded fund’s stock valued at $996,000 after acquiring an additional 247 shares during the last quarter. HB Wealth Management LLC grew its position in iShares MSCI Switzerland ETF by 8.7% in the first quarter. HB Wealth Management LLC now owns 3,966 shares of the exchange traded fund’s stock worth $233,000 after acquiring an additional 317 shares in the last quarter. Finally, Rockefeller Capital Management L.P. increased its stake in iShares MSCI Switzerland ETF by 1.0% during the fourth quarter. Rockefeller Capital Management L.P. now owns 38,326 shares of the exchange traded fund’s stock worth $2,298,000 after acquiring an additional 372 shares during the last quarter. Institutional investors own 68.30% of the company’s stock.

iShares MSCI Switzerland ETF Company Profile

iShares MSCI Switzerland Capped ETF (the Fund), formerly iShares MSCI Switzerland Capped Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Switzerland 25/50 Index (the Index). The Index consists of stocks traded primarily on the Zurich Stock Exchange. The Index is a free-float adjusted market capitalization weighted index with a capping methodology applied to issuer weights so that no single issuer of a component exceeds 25% of the Index weight and all issuers with weight above 5% do not exceed 50% of the Index weight.