iShares MSCI Spain ETF (NYSEARCA:EWP) Short Interest Update
by Renee Jackson · The Cerbat GemiShares MSCI Spain ETF (NYSEARCA:EWP – Get Free Report) was the recipient of a large decrease in short interest in April. As of April 15th, there was short interest totaling 478,610 shares, a decrease of 54.8% from the March 31st total of 1,058,881 shares. Approximately 1.4% of the shares of the company are short sold. Based on an average trading volume of 620,777 shares, the short-interest ratio is currently 0.8 days.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Hsbc Holdings PLC lifted its position in iShares MSCI Spain ETF by 1.7% in the fourth quarter. Hsbc Holdings PLC now owns 4,837,546 shares of the exchange traded fund’s stock worth $260,792,000 after purchasing an additional 82,833 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. bought a new position in iShares MSCI Spain ETF in the fourth quarter worth $101,057,000. Bank of Montreal Can bought a new position in iShares MSCI Spain ETF in the fourth quarter worth $43,669,000. Schroder Investment Management Group lifted its position in iShares MSCI Spain ETF by 3,000.0% in the fourth quarter. Schroder Investment Management Group now owns 527,000 shares of the exchange traded fund’s stock worth $28,516,000 after purchasing an additional 510,000 shares during the period. Finally, Bank of Nova Scotia bought a new position in iShares MSCI Spain ETF in the fourth quarter worth $25,370,000. 38.17% of the stock is owned by institutional investors.
iShares MSCI Spain ETF Stock Up 0.3%
Shares of EWP stock traded up $0.14 during mid-day trading on Friday, reaching $55.97. The stock had a trading volume of 646,896 shares, compared to its average volume of 671,372. iShares MSCI Spain ETF has a one year low of $40.08 and a one year high of $58.99. The firm has a market cap of $1.86 billion, a PE ratio of 10.89 and a beta of 0.71. The firm’s 50 day simple moving average is $55.28 and its 200 day simple moving average is $53.63.
iShares MSCI Spain ETF Company Profile
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.