iShares MSCI Switzerland ETF (NYSEARCA:EWL) Short Interest Update

iShares MSCI Switzerland ETF (NYSEARCA:EWL) was the target of a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 250,814 shares, a drop of 26.4% from the January 29th total of 340,580 shares. Based on an average daily volume of 536,896 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.9% of the company’s stock are short sold. Currently, 0.9% of the company’s stock are short sold. Based on an average daily volume of 536,896 shares, the days-to-cover ratio is presently 0.5 days.

iShares MSCI Switzerland ETF Stock Performance

Shares of iShares MSCI Switzerland ETF stock traded down $1.49 during trading hours on Monday, reaching $63.59. The company’s stock had a trading volume of 707,566 shares, compared to its average volume of 526,074. The company has a market capitalization of $1.71 billion, a P/E ratio of 21.82 and a beta of 0.81. The stock’s fifty day simple moving average is $61.93 and its two-hundred day simple moving average is $58.38. iShares MSCI Switzerland ETF has a one year low of $46.22 and a one year high of $65.53.

Institutional Trading of iShares MSCI Switzerland ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Edmond DE Rothschild Holding S.A. purchased a new stake in shares of iShares MSCI Switzerland ETF during the 2nd quarter worth approximately $38,000. Advisory Services Network LLC purchased a new position in shares of iShares MSCI Switzerland ETF during the third quarter worth about $44,000. Harbour Investments Inc. raised its position in iShares MSCI Switzerland ETF by 359.2% during the fourth quarter. Harbour Investments Inc. now owns 822 shares of the exchange traded fund’s stock valued at $49,000 after purchasing an additional 643 shares in the last quarter. MAI Capital Management raised its holdings in shares of iShares MSCI Switzerland ETF by 631.1% during the 3rd quarter. MAI Capital Management now owns 965 shares of the exchange traded fund’s stock valued at $53,000 after buying an additional 833 shares in the last quarter. Finally, Capital Investment Advisory Services LLC purchased a new stake in iShares MSCI Switzerland ETF in the fourth quarter worth approximately $54,000. 68.30% of the stock is owned by hedge funds and other institutional investors.

About iShares MSCI Switzerland ETF

iShares MSCI Switzerland Capped ETF (the Fund), formerly iShares MSCI Switzerland Capped Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Switzerland 25/50 Index (the Index). The Index consists of stocks traded primarily on the Zurich Stock Exchange. The Index is a free-float adjusted market capitalization weighted index with a capping methodology applied to issuer weights so that no single issuer of a component exceeds 25% of the Index weight and all issuers with weight above 5% do not exceed 50% of the Index weight.