Short Interest in iShares MSCI Belgium ETF (NYSEARCA:EWK) Drops By 20.3%

iShares MSCI Belgium ETF (NYSEARCA:EWK) was the recipient of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 15,705 shares, a decrease of 20.3% from the December 15th total of 19,704 shares. Based on an average daily volume of 5,103 shares, the days-to-cover ratio is currently 3.1 days. Approximately 1.5% of the company’s shares are sold short. Approximately 1.5% of the company’s shares are sold short. Based on an average daily volume of 5,103 shares, the days-to-cover ratio is currently 3.1 days.

iShares MSCI Belgium ETF Trading Up 0.1%

EWK stock traded up $0.03 during trading on Monday, reaching $25.33. 4,081 shares of the stock were exchanged, compared to its average volume of 17,226. The business has a 50 day moving average price of $24.31 and a 200-day moving average price of $23.44. iShares MSCI Belgium ETF has a 1 year low of $18.10 and a 1 year high of $25.35. The firm has a market capitalization of $26.34 million, a price-to-earnings ratio of 18.50 and a beta of 0.81.

Institutional Trading of iShares MSCI Belgium ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Flow Traders U.S. LLC acquired a new stake in shares of iShares MSCI Belgium ETF in the second quarter valued at approximately $680,000. Bank of Montreal Can acquired a new stake in iShares MSCI Belgium ETF during the 2nd quarter valued at $282,000. Envestnet Asset Management Inc. purchased a new position in iShares MSCI Belgium ETF during the second quarter worth $474,000. Moran Wealth Management LLC purchased a new position in iShares MSCI Belgium ETF during the third quarter worth $1,378,000. Finally, Mutual Advisors LLC acquired a new position in shares of iShares MSCI Belgium ETF in the second quarter worth $1,030,000.

iShares MSCI Belgium ETF Company Profile

iShares MSCI Belgium Capped ETF, formerly iShares MSCI Belgium Capped Investable Market Index Fund (the 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 Belgian market, as measured by the MSCI Belgium Investable Market Index (the Index). The Index seeks to measure the performance of the Belgian equity market. It is a capitalization-weighted index that aims to capture 99% of the (publicly available) total market capitalization.