Short Interest in iShares MSCI Belgium ETF (NYSEARCA:EWK) Increases By 3,196.5%

iShares MSCI Belgium ETF (NYSEARCA:EWK) saw a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 721,211 shares, a growth of 3,196.5% from the February 26th total of 21,878 shares. Currently, 75.1% of the shares of the company are sold short. Based on an average daily trading volume, of 46,886 shares, the days-to-cover ratio is currently 15.4 days. Based on an average daily trading volume, of 46,886 shares, the days-to-cover ratio is currently 15.4 days. Currently, 75.1% of the shares of the company are sold short.

iShares MSCI Belgium ETF Stock Performance

EWK opened at $23.46 on Wednesday. iShares MSCI Belgium ETF has a fifty-two week low of $18.12 and a fifty-two week high of $27.63. The firm has a 50-day moving average of $25.83 and a 200 day moving average of $24.54. The firm has a market cap of $22.52 million, a P/E ratio of 18.50 and a beta of 0.81.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of EWK. OLD Mission Capital LLC increased its stake in shares of iShares MSCI Belgium ETF by 2,710.8% during the 4th quarter. OLD Mission Capital LLC now owns 253,534 shares of the company’s stock worth $6,161,000 after purchasing an additional 244,514 shares during the last quarter. Hilltop Holdings Inc. purchased a new position in iShares MSCI Belgium ETF in the fourth quarter valued at approximately $2,529,000. DRW Securities LLC grew its holdings in iShares MSCI Belgium ETF by 39.0% during the fourth quarter. DRW Securities LLC now owns 23,400 shares of the company’s stock valued at $569,000 after purchasing an additional 6,566 shares during the period. Bank of Montreal Can bought a new position in iShares MSCI Belgium ETF during the fourth quarter valued at $80,000. Finally, Idaho Trust Co grew its holdings in iShares MSCI Belgium ETF by 51.6% during the fourth quarter. Idaho Trust Co now owns 13,560 shares of the company’s stock valued at $330,000 after purchasing an additional 4,615 shares during the period.

iShares MSCI Belgium ETF Company Profile

iShares MSCI Belgium Capped ETF, formerly iShares MSCI Belgium Capped Investable Market Index Fund (the 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 Belgian market, as measured by the MSCI Belgium Investable Market Index (the Index). The Index seeks to measure the performance of the Belgian equity market. It is a capitalization-weighted index that aims to capture 99% of the (publicly available) total market capitalization.