iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP – Get Free Report) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 46,767 shares, an increase of 92.9% from the August 31st total of 24,243 shares. Based on an average trading volume of 161,045 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of EPP. Resolute Advisors LLC increased its holdings in iShares MSCI Pacific ex Japan ETF by 1.5% in the 2nd quarter. Resolute Advisors LLC now owns 21,915 shares of the company’s stock worth $1,167,000 after purchasing an additional 330 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of iShares MSCI Pacific ex Japan ETF by 3.3% during the first quarter. Bank of New York Mellon Corp now owns 23,590 shares of the company’s stock valued at $1,254,000 after purchasing an additional 747 shares in the last quarter. Continuum Advisory LLC acquired a new stake in shares of iShares MSCI Pacific ex Japan ETF during the second quarter valued at about $97,000. Montecito Bank & Trust acquired a new stake in shares of iShares MSCI Pacific ex Japan ETF during the first quarter valued at about $202,000. Finally, Arkadios Wealth Advisors bought a new stake in shares of iShares MSCI Pacific ex Japan ETF during the first quarter worth about $218,000. Institutional investors and hedge funds own 74.75% of the company’s stock.
iShares MSCI Pacific ex Japan ETF Price Performance
Shares of NYSEARCA EPP opened at $55.50 on Tuesday. The business has a fifty day moving average price of $56.86 and a two-hundred day moving average price of $55.32. The stock has a market capitalization of $2.23 billion, a PE ratio of 18.02 and a beta of 0.78. iShares MSCI Pacific ex Japan ETF has a fifty-two week low of $48.93 and a fifty-two week high of $58.56.
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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