iShares MSCI Spain ETF (NYSEARCA:EWP) Short Interest Update

iShares MSCI Spain ETF (NYSEARCA:EWP) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 1,054,098 shares, a growth of 106.6% from the July 30th total of 510,261 shares. Based on an average daily volume of 366,909 shares, the days-to-cover ratio is presently 2.9 days. Approximately 3.0% of the shares of the company are short sold.

Institutional Trading of iShares MSCI Spain ETF

Several large investors have recently made changes to their positions in EWP. BOKF NA purchased a new position in shares of iShares MSCI Spain ETF during the third quarter worth $25,000. Comerica Bank boosted its holdings in iShares MSCI Spain ETF by 303.9% in the fourth quarter. Comerica Bank now owns 521 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 392 shares during the last quarter. Fifth Third Bancorp purchased a new stake in iShares MSCI Spain ETF in the first quarter valued at $41,000. Riggs Asset Managment Co. Inc. acquired a new stake in iShares MSCI Spain ETF during the 2nd quarter worth about $63,000. Finally, IFP Advisors Inc purchased a new position in shares of iShares MSCI Spain ETF during the 4th quarter valued at about $107,000. 38.17% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Spain ETF Price Performance

Shares of EWP opened at $62.35 on Friday. The company’s fifty day moving average price is $60.72 and its 200-day moving average price is $57.73. iShares MSCI Spain ETF has a 1-year low of $46.56 and a 1-year high of $63.44. The firm has a market capitalization of $2.16 billion, a PE ratio of 10.89 and a beta of 0.67.

iShares MSCI Spain ETF Company Profile

iShares MSCI Spain Capped ETF, formerly iShares MSCI Spain Index 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 Spanish market, as measured by the MSCI Spain Index (the Index). The Index seeks to measure the performance of the Spanish equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.