iShares MSCI France ETF (NYSEARCA:EWQ) Short Interest Update

iShares MSCI France ETF (NYSEARCA:EWQ) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totaling 679,705 shares, a decrease of 36.8% from the April 15th total of 1,074,834 shares. Currently, 7.1% of the company’s stock are sold short. Based on an average daily volume of 288,688 shares, the days-to-cover ratio is currently 2.4 days.

iShares MSCI France ETF Stock Performance

Shares of iShares MSCI France ETF stock traded up $0.67 during trading on Monday, reaching $44.83. The company had a trading volume of 353,812 shares, compared to its average volume of 464,135. The company has a market cap of $430.37 million, a price-to-earnings ratio of 17.82 and a beta of 0.85. The firm’s fifty day moving average is $44.50 and its 200-day moving average is $45.01. iShares MSCI France ETF has a fifty-two week low of $40.91 and a fifty-two week high of $48.39.

Institutional Investors Weigh In On iShares MSCI France ETF

Institutional investors have recently modified their holdings of the stock. Comerica Bank grew its position in shares of iShares MSCI France ETF by 54.9% during the 1st quarter. Comerica Bank now owns 1,182 shares of the exchange traded fund’s stock valued at $47,000 after buying an additional 419 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of iShares MSCI France ETF by 94.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 9,587 shares of the exchange traded fund’s stock valued at $410,000 after buying an additional 4,656 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of iShares MSCI France ETF during the 2nd quarter valued at about $30,000. Ameriprise Financial Inc. grew its position in shares of iShares MSCI France ETF by 21.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 903,597 shares of the exchange traded fund’s stock valued at $38,678,000 after buying an additional 156,555 shares during the last quarter. Finally, MML Investors Services LLC grew its position in shares of iShares MSCI France ETF by 8.8% during the 2nd quarter. MML Investors Services LLC now owns 43,327 shares of the exchange traded fund’s stock valued at $1,854,000 after buying an additional 3,494 shares during the last quarter. Institutional investors and hedge funds own 73.46% of the company’s stock.

About iShares MSCI France ETF

iShares MSCI France ETF, formerly iShares MSCI France Index 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 French market, as measured by the MSCI France Index (the Index). The Index seeks to measure the performance of the French equity market. The Index consists of stocks traded primarily on the Paris Stock Exchange. The Fund invests in sectors, such as industrials, financials, energy, consumer discretionary, consumer staples, healthcare, materials, telecommunication services, utilities and information technology.