iShares MSCI Spain ETF (NYSEARCA:EWP) Stock Short Interest Report for October

iShares MSCI Spain ETF (NYSEARCA:EWP) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totaling 475,580 shares, a decrease of 36.1% from the September 30th total of 743,878 shares. Based on an average daily volume of 1,098,875 shares, the days-to-cover ratio is presently 0.4 days. Currently, 1.4% of the shares of the stock are sold short.

iShares MSCI Spain ETF Price Performance

Shares of NYSEARCA:EWP traded up $0.83 on Monday, hitting $57.16. The company’s stock had a trading volume of 7,219 shares, compared to its average volume of 509,734. The company has a 50-day simple moving average of $59.96 and a 200 day simple moving average of $57.95. The company has a market capitalization of $1.97 billion, a PE ratio of 10.89 and a beta of 0.67. iShares MSCI Spain ETF has a 1 year low of $49.33 and a 1 year high of $63.44.

Institutional Trading of iShares MSCI Spain ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Global Assets Advisory LLC boosted its position in iShares MSCI Spain ETF by 3.4% during the 3rd quarter. Global Assets Advisory LLC now owns 9,650 shares of the exchange traded fund’s stock valued at $565,000 after buying an additional 316 shares during the period. Avestar Capital LLC bought a new stake in iShares MSCI Spain ETF in the third quarter valued at $267,000. Founders Financial Securities LLC bought a new position in iShares MSCI Spain ETF in the 3rd quarter worth $3,578,000. Sepio Capital LP purchased a new position in shares of iShares MSCI Spain ETF during the third quarter valued at about $867,000. Finally, Shayne & Jacobs LLC bought a new position in iShares MSCI Spain ETF in the third quarter worth about $490,000. 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.