iShares MSCI United Kingdom ETF (NYSEARCA:EWU) Sees Large Increase in Short Interest

iShares MSCI United Kingdom ETF (NYSEARCA:EWU) saw a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 5,411,032 shares, a growth of 43.3% from the February 26th total of 3,776,726 shares. Currently, 8.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,075,757 shares, the short-interest ratio is presently 1.8 days.

iShares MSCI United Kingdom ETF Stock Down 0.2%

EWU stock traded down $0.10 during trading on Friday, reaching $44.12. The company’s stock had a trading volume of 1,350,085 shares, compared to its average volume of 2,364,244. The company’s fifty day moving average is $46.38 and its 200-day moving average is $44.15. The company has a market capitalization of $2.85 billion, a P/E ratio of 15.42 and a beta of 0.71. iShares MSCI United Kingdom ETF has a 1 year low of $32.76 and a 1 year high of $48.92.

Institutional Trading of iShares MSCI United Kingdom ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Purpose Unlimited Inc. bought a new stake in iShares MSCI United Kingdom ETF during the 4th quarter valued at approximately $25,000. Hsbc Holdings PLC grew its holdings in iShares MSCI United Kingdom ETF by 16.2% during the 4th quarter. Hsbc Holdings PLC now owns 62,706 shares of the company’s stock valued at $2,758,000 after buying an additional 8,761 shares in the last quarter. Corient Private Wealth LLC grew its holdings in iShares MSCI United Kingdom ETF by 29.3% during the 4th quarter. Corient Private Wealth LLC now owns 60,054 shares of the company’s stock valued at $2,641,000 after buying an additional 13,614 shares in the last quarter. Rehmann Capital Advisory Group bought a new stake in shares of iShares MSCI United Kingdom ETF during the fourth quarter valued at approximately $207,000. Finally, Invesco Ltd. raised its position in shares of iShares MSCI United Kingdom ETF by 30.1% during the fourth quarter. Invesco Ltd. now owns 26,064 shares of the company’s stock valued at $1,146,000 after buying an additional 6,030 shares during the last quarter. Institutional investors own 58.38% of the company’s stock.

iShares MSCI United Kingdom ETF Company Profile

The iShares MSCI United Kingdom ETF (EWU) is an exchange-traded fund that is based on the MSCI United Kingdom index. The fund tracks a market cap-weighted index of British companies. It covers the top 85% of British companies by market cap. EWU was launched on Mar 12, 1996 and is managed by BlackRock.