iShares MSCI France ETF (NYSEARCA:EWQ) Short Interest Update

by · The Cerbat Gem

iShares MSCI France ETF (NYSEARCA:EWQ – Get Free Report) saw a significant decline in short interest in December. As of December 15th, there was short interest totaling 860,585 shares, a decline of 21.9% from the November 30th total of 1,101,692 shares. Approximately 9.4% of the shares of the stock are short sold. Based on an average trading volume of 281,202 shares, the short-interest ratio is currently 3.1 days. Based on an average trading volume of 281,202 shares, the short-interest ratio is currently 3.1 days. Approximately 9.4% of the shares of the stock are short sold.

Institutional Investors Weigh In On iShares MSCI France ETF

Several large investors have recently added to or reduced their stakes in the business. Bank of America Corp DE grew its position in iShares MSCI France ETF by 392.7% during the third quarter. Bank of America Corp DE now owns 783,676 shares of the exchange traded fund’s stock worth $34,427,000 after buying an additional 624,621 shares in the last quarter. Jones Financial Companies Lllp bought a new stake in shares of iShares MSCI France ETF during the 1st quarter valued at about $7,624,000. Ameriprise Financial Inc. grew its holdings in shares of iShares MSCI France ETF by 21.0% during the second quarter. Ameriprise Financial Inc. now owns 903,597 shares of the exchange traded fund’s stock worth $38,678,000 after purchasing an additional 156,555 shares in the last quarter. Thrivent Financial for Lutherans bought a new position in shares of iShares MSCI France ETF in the third quarter worth approximately $6,634,000. Finally, Lido Advisors LLC increased its position in shares of iShares MSCI France ETF by 189.3% in the third quarter. Lido Advisors LLC now owns 173,740 shares of the exchange traded fund’s stock worth $7,632,000 after purchasing an additional 113,690 shares during the last quarter. Institutional investors own 73.46% of the company’s stock.

iShares MSCI France ETF Stock Performance

NYSEARCA EWQ traded down $0.15 on Wednesday, hitting $44.99. The stock had a trading volume of 310,113 shares, compared to its average volume of 355,810. The firm has a 50-day moving average of $44.54 and a 200-day moving average of $43.67. iShares MSCI France ETF has a 52-week low of $35.22 and a 52-week high of $45.46. The company has a market capitalization of $413.91 million, a price-to-earnings ratio of 17.82 and a beta of 0.98.

About iShares MSCI France ETF

(Get Free Report)

iShares MSCI France ETF, formerly iShares MSCI France Index 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 French market, as measured by the MSCI France Index (the Index). The Index seeks to measure the performance of the French equity market. The Index consists of stocks traded primarily on the Paris Stock Exchange. The Fund invests in sectors, such as industrials, financials, energy, consumer discretionary, consumer staples, healthcare, materials, telecommunication services, utilities and information technology.

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