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

iShares MSCI Spain ETF (NYSEARCA:EWP) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totaling 772,073 shares, a decrease of 34.0% from the December 15th total of 1,169,416 shares. Based on an average daily volume of 614,042 shares, the short-interest ratio is presently 1.3 days. Approximately 2.3% of the company’s stock are short sold. Approximately 2.3% of the company’s stock are short sold. Based on an average daily volume of 614,042 shares, the short-interest ratio is presently 1.3 days.

iShares MSCI Spain ETF Price Performance

Shares of NYSEARCA EWP traded up $0.38 during midday trading on Friday, reaching $54.65. The company’s stock had a trading volume of 710,985 shares, compared to its average volume of 755,244. The firm has a 50 day moving average price of $52.87 and a 200-day moving average price of $49.46. The stock has a market capitalization of $1.82 billion, a P/E ratio of 10.89 and a beta of 0.86. iShares MSCI Spain ETF has a 12-month low of $31.76 and a 12-month high of $55.25.

Institutional Trading of iShares MSCI Spain ETF

Several hedge funds have recently added to or reduced their stakes in the stock. Brookstone Capital Management increased its stake in shares of iShares MSCI Spain ETF by 3.8% during the 4th quarter. Brookstone Capital Management now owns 6,783 shares of the exchange traded fund’s stock worth $366,000 after purchasing an additional 250 shares during the last quarter. Cyndeo Wealth Partners LLC grew its holdings in iShares MSCI Spain ETF by 4.3% during the third quarter. Cyndeo Wealth Partners LLC now owns 6,136 shares of the exchange traded fund’s stock valued at $304,000 after purchasing an additional 255 shares during the period. Zacks Investment Management increased its position in iShares MSCI Spain ETF by 0.5% in the third quarter. Zacks Investment Management now owns 54,858 shares of the exchange traded fund’s stock worth $2,716,000 after buying an additional 272 shares during the last quarter. Patten Group Inc. raised its stake in shares of iShares MSCI Spain ETF by 3.7% in the second quarter. Patten Group Inc. now owns 8,328 shares of the exchange traded fund’s stock valued at $367,000 after buying an additional 300 shares during the period. Finally, Nisa Investment Advisors LLC lifted its position in shares of iShares MSCI Spain ETF by 39.2% during the 2nd quarter. Nisa Investment Advisors LLC now owns 1,100 shares of the exchange traded fund’s stock valued at $48,000 after buying an additional 310 shares during the last quarter. Institutional investors own 38.17% of the company’s stock.

About iShares MSCI Spain ETF

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.