iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP – Get Free Report) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 55,658 shares, an increase of 114.2% from the July 15th total of 25,986 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 246,489 shares, the days-to-cover ratio is currently 0.2 days.
iShares MSCI Pacific ex Japan ETF Stock Down 0.1%
NYSEARCA:EPP traded down $0.07 during trading hours on Friday, reaching $57.05. The company had a trading volume of 130,791 shares, compared to its average volume of 426,539. The firm has a market cap of $2.24 billion, a price-to-earnings ratio of 18.02 and a beta of 0.78. The business’s 50-day simple moving average is $54.96 and its two-hundred day simple moving average is $54.90. iShares MSCI Pacific ex Japan ETF has a twelve month low of $48.93 and a twelve month high of $58.12.
Hedge Funds Weigh In On iShares MSCI Pacific ex Japan ETF
A number of institutional investors and hedge funds have recently made changes to their positions in EPP. Jones Financial Companies Lllp grew its stake in shares of iShares MSCI Pacific ex Japan ETF by 94.6% in the 1st quarter. Jones Financial Companies Lllp now owns 613 shares of the company’s stock valued at $27,000 after buying an additional 298 shares during the period. Montecito Bank & Trust acquired a new position in iShares MSCI Pacific ex Japan ETF during the 1st quarter worth approximately $202,000. Arkadios Wealth Advisors bought a new position in iShares MSCI Pacific ex Japan ETF in the first quarter worth approximately $218,000. Ferguson Wellman Capital Management Inc. bought a new position in iShares MSCI Pacific ex Japan ETF in the first quarter worth approximately $243,000. Finally, Russell Investments Group Ltd. bought a new position in iShares MSCI Pacific ex Japan ETF in the third quarter worth approximately $245,000. Institutional investors own 74.75% of the company’s stock.
About iShares MSCI Pacific ex Japan ETF
iShares MSCI Pacific ex Japan ET (the Fund), formerly iShares MSCI Pacific ex-Japan Index Fund, is an exchange-traded fund (ETF). The Fund seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the aggregate in the Australia, Hong Kong, New Zealand and Singapore markets, as measured by the MSCI Pacific ex-Japan Index (the Index). The Fund invests in a representative sample of securities that collectively has an investment profile similar to the underlying index.
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