iShares MSCI France ETF (NYSEARCA:EWQ) Short Interest Update
by Renee Jackson · The Cerbat GemiShares MSCI France ETF (NYSEARCA:EWQ – Get Free Report) was the target of a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 713,173 shares, a decline of 21.2% from the December 31st total of 905,202 shares. Approximately 8.3% of the company’s stock are short sold. Based on an average daily trading volume, of 403,186 shares, the short-interest ratio is presently 1.8 days. Based on an average daily trading volume, of 403,186 shares, the short-interest ratio is presently 1.8 days. Approximately 8.3% of the company’s stock are short sold.
iShares MSCI France ETF Stock Down 1.0%
EWQ stock traded down $0.47 during midday trading on Friday, reaching $45.35. The company had a trading volume of 362,778 shares, compared to its average volume of 403,029. The firm has a market capitalization of $390.01 million, a PE ratio of 17.82 and a beta of 0.98. iShares MSCI France ETF has a fifty-two week low of $35.24 and a fifty-two week high of $46.37. The stock has a 50 day moving average price of $45.05 and a 200 day moving average price of $44.12.
Institutional Trading of iShares MSCI France ETF
Hedge funds have recently modified their holdings of the business. Raymond James Financial Inc. purchased a new stake in iShares MSCI France ETF in the 2nd quarter worth approximately $30,000. BNP Paribas Financial Markets lifted its holdings in shares of iShares MSCI France ETF by 106.3% during the third quarter. BNP Paribas Financial Markets now owns 949 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 489 shares during the last quarter. Comerica Bank lifted its stake in shares of iShares MSCI France ETF by 54.9% in the first quarter. Comerica Bank now owns 1,182 shares of the exchange traded fund’s stock valued at $47,000 after buying an additional 419 shares during the period. TD Waterhouse Canada Inc. boosted its stake in iShares MSCI France ETF by 46.8% during the second quarter. TD Waterhouse Canada Inc. now owns 2,274 shares of the exchange traded fund’s stock worth $97,000 after buying an additional 725 shares in the last quarter. Finally, USA Financial Formulas acquired a new stake in iShares MSCI France ETF during the fourth quarter valued at approximately $151,000. Hedge funds and other institutional investors own 73.46% of the company’s stock.
iShares MSCI France ETF Company Profile
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.