iShares MSCI Ireland ETF (NYSEARCA:EIRL) Shares Shorted: Short Interest Up 125.6% in September

iShares MSCI Ireland ETF (NYSEARCA:EIRL – Get Free Report) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 7,656 shares, an increase of 125.6% from the August 31st total of 3,393 shares. Approximately 0.8% of the shares of the company are short sold. Based on an average trading volume of 4,049 shares, the days-to-cover ratio is presently 1.9 days.

Hedge Funds Weigh In On iShares MSCI Ireland ETF

Hedge funds have recently bought and sold shares of the business. Wealthfront Advisers LLC grew its holdings in shares of iShares MSCI Ireland ETF by 5.0% during the 1st quarter. Wealthfront Advisers LLC now owns 4,694 shares of the company’s stock worth $323,000 after purchasing an additional 224 shares in the last quarter. Global Endowment Management LP bought a new stake in shares of iShares MSCI Ireland ETF during the 4th quarter worth approximately $1,103,000. TD Waterhouse Canada Inc. lifted its holdings in shares of iShares MSCI Ireland ETF by 6.1% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 61,176 shares of the company’s stock worth $4,810,000 after acquiring an additional 3,498 shares during the period. Marotta Asset Management boosted its position in shares of iShares MSCI Ireland ETF by 2.9% during the 1st quarter. Marotta Asset Management now owns 162,963 shares of the company’s stock worth $11,300,000 after acquiring an additional 4,627 shares in the last quarter. Finally, Matthew Goff Investment Advisor LLC acquired a new stake in shares of iShares MSCI Ireland ETF during the 1st quarter worth approximately $30,316,000.

iShares MSCI Ireland ETF Trading Up 0.7%

Shares of EIRL traded up $0.59 during mid-day trading on Friday, reaching $82.32. The company’s stock had a trading volume of 1,623 shares, compared to its average volume of 9,140. iShares MSCI Ireland ETF has a 1-year low of $65.85 and a 1-year high of $85.56. The business has a 50-day simple moving average of $82.20 and a two-hundred day simple moving average of $76.98. The stock has a market cap of $78.20 million, a P/E ratio of 12.65 and a beta of 0.95.

iShares MSCI Ireland ETF Company Profile

(Get Free Report)

The iShares MSCI Ireland ETF (EIRL) is an exchange-traded fund that is based on the MSCI All Ireland Capped index, a market-cap-weighted index of Irish firms. EIRL was launched on May 5, 2010 and is managed by BlackRock.

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