Short Interest in iShares MSCI Switzerland ETF (EWL) Increases By 378.4%

iShares MSCI Switzerland ETF (NYSEARCA:EWL) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 2,473,812 shares, a growth of 378.4% from the September 28th total of 517,128 shares. Based on an average daily volume of 1,379,903 shares, the short-interest ratio is currently 1.8 days.

Shares of EWL stock opened at $32.76 on Wednesday. iShares MSCI Switzerland ETF has a 12-month low of $31.87 and a 12-month high of $37.84.

Hedge funds have recently made changes to their positions in the stock. Bellecapital International Ltd. bought a new position in iShares MSCI Switzerland ETF during the 3rd quarter valued at about $249,000. Cornerstone Wealth Management LLC acquired a new stake in iShares MSCI Switzerland ETF in the 2nd quarter valued at about $252,000. Marshall Wace LLP acquired a new stake in iShares MSCI Switzerland ETF in the 2nd quarter valued at about $402,000. Private Advisor Group LLC acquired a new stake in iShares MSCI Switzerland ETF in the 2nd quarter valued at about $416,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in iShares MSCI Switzerland ETF in the 2nd quarter valued at about $454,000.

About iShares MSCI Switzerland ETF

iShares MSCI Switzerland Capped ETF (the Fund), formerly iShares MSCI Switzerland Capped Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Switzerland 25/50 Index (the Index).

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