iShares MSCI Sweden ETF (NYSEARCA:EWD) Sees Significant Decline in Short Interest

iShares MSCI Sweden ETF (NYSEARCA:EWD) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totaling 85,824 shares, a decline of 59.0% from the July 15th total of 209,581 shares. Approximately 0.8% of the company’s shares are sold short. Based on an average daily trading volume, of 174,599 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of iShares MSCI Sweden ETF

A number of institutional investors have recently added to or reduced their stakes in EWD. Sepio Capital LP raised its position in iShares MSCI Sweden ETF by 1.2% in the fourth quarter. Sepio Capital LP now owns 28,285 shares of the company’s stock valued at $1,392,000 after purchasing an additional 348 shares during the period. Tidal Investments LLC boosted its position in shares of iShares MSCI Sweden ETF by 5.2% in the second quarter. Tidal Investments LLC now owns 12,662 shares of the company’s stock worth $579,000 after buying an additional 630 shares during the period. Kestra Advisory Services LLC acquired a new stake in shares of iShares MSCI Sweden ETF in the fourth quarter valued at about $33,000. Contravisory Investment Management Inc. grew its stake in shares of iShares MSCI Sweden ETF by 2.9% in the second quarter. Contravisory Investment Management Inc. now owns 23,430 shares of the company’s stock valued at $1,171,000 after buying an additional 666 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its stake in shares of iShares MSCI Sweden ETF by 398.7% in the first quarter. Jones Financial Companies Lllp now owns 1,157 shares of the company’s stock valued at $49,000 after buying an additional 925 shares in the last quarter. 49.63% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Sweden ETF Trading Up 0.3%

EWD traded up $0.16 during trading on Friday, hitting $52.90. 51,564 shares of the company’s stock were exchanged, compared to its average volume of 213,999. iShares MSCI Sweden ETF has a 1 year low of $45.34 and a 1 year high of $54.93. The stock has a 50 day moving average price of $50.92 and a 200 day moving average price of $51.46. The firm has a market cap of $587.19 million, a P/E ratio of 20.15 and a beta of 1.08.

iShares MSCI Sweden ETF Company Profile

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