iShares MSCI Belgium ETF (NYSEARCA:EWK) Sees Significant Increase in Short Interest

iShares MSCI Belgium ETF (NYSEARCA:EWK) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 146,032 shares, a growth of 102.4% from the September 15th total of 72,165 shares. Approximately 1.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 71,076 shares, the short-interest ratio is currently 2.1 days.

iShares MSCI Belgium ETF Stock Up 1.6%

iShares MSCI Belgium ETF stock opened at $25.68 on Friday. The stock has a market cap of $238.31 million, a price-to-earnings ratio of 18.50 and a beta of 0.68. The business has a 50-day simple moving average of $26.70 and a 200 day simple moving average of $26.51. iShares MSCI Belgium ETF has a 52 week low of $23.22 and a 52 week high of $27.96.

Institutional Trading of iShares MSCI Belgium ETF

A hedge fund recently bought a new position in iShares MSCI Belgium ETF stock. Cetera Investment Advisers acquired a new position in shares of iShares MSCI Belgium ETF (NYSEARCA:EWK) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 67,993 shares of the company’s stock, valued at approximately $1,653,000. Cetera Investment Advisers owned approximately 1.55% of iShares MSCI Belgium ETF at the end of the most recent 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.