iShares MSCI France Index (NYSEARCA:EWQ) was the target of a large drop in short interest in January. As of January 12th, there was short interest totalling 267,646 shares, a drop of 82.7% from the December 29th total of 1,547,740 shares. Based on an average daily volume of 1,139,382 shares, the days-to-cover ratio is currently 0.2 days.
Shares of iShares MSCI France Index (NYSEARCA:EWQ) opened at $33.33 on Thursday. iShares MSCI France Index has a fifty-two week low of $24.56 and a fifty-two week high of $33.73. The firm has a market cap of $830.50 and a price-to-earnings ratio of -14.30.
A number of large investors have recently made changes to their positions in the stock. Psagot Investment House Ltd. raised its stake in iShares MSCI France Index by 35.9% during the 2nd quarter. Psagot Investment House Ltd. now owns 1,136,967 shares of the exchange traded fund’s stock worth $32,699,000 after acquiring an additional 300,148 shares in the last quarter. Citadel Advisors LLC raised its stake in iShares MSCI France Index by 204.9% during the 3rd quarter. Citadel Advisors LLC now owns 415,435 shares of the exchange traded fund’s stock worth $12,837,000 after acquiring an additional 279,169 shares in the last quarter. SG Americas Securities LLC raised its stake in iShares MSCI France Index by 195.7% during the 4th quarter. SG Americas Securities LLC now owns 309,204 shares of the exchange traded fund’s stock worth $9,653,000 after acquiring an additional 204,640 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in iShares MSCI France Index during the 3rd quarter worth $9,530,000. Finally, Millburn Ridgefield Corp raised its stake in iShares MSCI France Index by 22.6% during the 4th quarter. Millburn Ridgefield Corp now owns 241,938 shares of the exchange traded fund’s stock worth $7,553,000 after acquiring an additional 44,654 shares in the last quarter.
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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.
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