Short Interest in iShares MSCI France ETF (NYSEARCA:EWQ) Expands By 50.0%

iShares MSCI France ETF (NYSEARCA:EWQ) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 594,100 shares, an increase of 50.0% from the August 31st total of 396,000 shares. Based on an average trading volume of 313,600 shares, the short-interest ratio is presently 1.9 days. Based on an average trading volume of 313,600 shares, the short-interest ratio is presently 1.9 days.

iShares MSCI France ETF Price Performance

Shares of NYSEARCA:EWQ opened at $44.19 on Tuesday. The business has a 50-day moving average of $43.19 and a two-hundred day moving average of $42.12. The firm has a market capitalization of $397.71 million, a PE ratio of 17.82 and a beta of 1.03. iShares MSCI France ETF has a 12 month low of $35.22 and a 12 month high of $44.92.

Institutional Trading of iShares MSCI France ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Raymond James Financial Inc. purchased a new position in iShares MSCI France ETF in the second quarter valued at approximately $30,000. Comerica Bank grew its stake in iShares MSCI France ETF by 54.9% during the first quarter. Comerica Bank now owns 1,182 shares of the exchange traded fund’s stock worth $47,000 after buying an additional 419 shares during the period. Headlands Technologies LLC acquired a new stake in shares of iShares MSCI France ETF in the first quarter worth $60,000. TD Waterhouse Canada Inc. raised its stake in shares of iShares MSCI France ETF by 46.8% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 2,274 shares of the exchange traded fund’s stock valued at $97,000 after acquiring an additional 725 shares during the period. Finally, CX Institutional acquired a new position in shares of iShares MSCI France ETF during the 1st quarter valued at $144,000. Institutional investors and hedge funds own 73.46% of the company’s stock.

iShares MSCI France ETF Company Profile

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.