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

iShares MSCI Spain ETF (NYSEARCA:EWP) was the recipient of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 201,737 shares, a drop of 72.9% from the August 31st total of 744,798 shares. Based on an average daily volume of 432,892 shares, the short-interest ratio is presently 0.5 days. Approximately 0.6% of the shares of the stock are sold short.

Institutional Trading of iShares MSCI Spain ETF

Large investors have recently made changes to their positions in the stock. Banco Bilbao Vizcaya Argentaria S.A. acquired a new stake in shares of iShares MSCI Spain ETF during the 4th quarter worth about $101,057,000. Prudential PLC acquired a new position in shares of iShares MSCI Spain ETF in the 4th quarter valued at $16,664,000. Principal Financial Group Inc. boosted its holdings in iShares MSCI Spain ETF by 31.3% in the first quarter. Principal Financial Group Inc. now owns 395,149 shares of the exchange traded fund’s stock valued at $21,461,000 after acquiring an additional 94,160 shares during the last quarter. Hsbc Holdings PLC grew its holdings in shares of iShares MSCI Spain ETF by 1.7% during the 4th quarter. Hsbc Holdings PLC now owns 4,837,546 shares of the exchange traded fund’s stock worth $260,792,000 after purchasing an additional 82,833 shares during the period. Finally, Moran Wealth Management LLC grew its stake in iShares MSCI Spain ETF by 18.9% during the first quarter. Moran Wealth Management LLC now owns 165,996 shares of the exchange traded fund’s stock worth $9,015,000 after buying an additional 26,416 shares during the period. Institutional investors and hedge funds own 38.17% of the company’s stock.

iShares MSCI Spain ETF Price Performance

Shares of NYSEARCA:EWP opened at $61.20 on Friday. The business’s 50 day simple moving average is $61.66 and its 200-day simple moving average is $58.48. The firm has a market capitalization of $2.23 billion, a price-to-earnings ratio of 10.89 and a beta of 0.67. iShares MSCI Spain ETF has a 12 month low of $48.28 and a 12 month high of $63.44.

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.