iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) Short Interest Down 79.8% in September

iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 73,200 shares, a decrease of 79.8% from the August 31st total of 362,900 shares. Based on an average daily trading volume, of 122,300 shares, the short-interest ratio is presently 0.6 days. Based on an average daily trading volume, of 122,300 shares, the short-interest ratio is presently 0.6 days.

iShares Core MSCI Pacific ETF Stock Performance

Shares of IPAC stock opened at $73.47 on Friday. iShares Core MSCI Pacific ETF has a 52-week low of $54.90 and a 52-week high of $74.76. The firm has a market capitalization of $1.90 billion, a PE ratio of 15.73 and a beta of 0.74. The stock has a fifty day simple moving average of $72.30 and a two-hundred day simple moving average of $67.72.

Institutional Investors Weigh In On iShares Core MSCI Pacific ETF

A number of institutional investors have recently bought and sold shares of IPAC. Wealth Enhancement Advisory Services LLC purchased a new position in shares of iShares Core MSCI Pacific ETF during the fourth quarter valued at about $352,000. Millington Financial Advisors LLC lifted its position in shares of iShares Core MSCI Pacific ETF by 1.6% in the first quarter. Millington Financial Advisors LLC now owns 29,242 shares of the company’s stock worth $1,754,000 after buying an additional 462 shares in the last quarter. Greenwood Capital Associates LLC lifted its position in shares of iShares Core MSCI Pacific ETF by 3.1% in the first quarter. Greenwood Capital Associates LLC now owns 156,840 shares of the company’s stock worth $9,762,000 after buying an additional 4,703 shares in the last quarter. Columbus Macro LLC lifted its position in shares of iShares Core MSCI Pacific ETF by 2.2% in the first quarter. Columbus Macro LLC now owns 121,032 shares of the company’s stock worth $7,533,000 after buying an additional 2,594 shares in the last quarter. Finally, LVZ Inc. purchased a new stake in shares of iShares Core MSCI Pacific ETF in the first quarter worth about $1,777,000.

About iShares Core MSCI Pacific ETF

The iShares Core MSCI Pacific ETF (IPAC) is an exchange-traded fund that is based on the MSCI Pacific IMI index, a market-cap-weighted index of developed Pacific securities. IPAC was launched on Jun 10, 2014 and is managed by BlackRock.