iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) Short Interest Update

iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) was the recipient of a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 280,428 shares, a decrease of 55.4% from the February 26th total of 628,643 shares. Based on an average daily volume of 761,882 shares, the short-interest ratio is presently 0.4 days. Currently, 0.8% of the company’s stock are sold short.

Hedge Funds Weigh In On iShares MSCI Pacific ex Japan ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Jones Financial Companies Lllp raised its position in iShares MSCI Pacific ex Japan ETF by 94.6% during the first quarter. Jones Financial Companies Lllp now owns 613 shares of the company’s stock worth $27,000 after acquiring an additional 298 shares in the last quarter. Flow Traders U.S. LLC acquired a new position in shares of iShares MSCI Pacific ex Japan ETF during the 2nd quarter worth about $5,637,000. First Horizon Corp acquired a new position in shares of iShares MSCI Pacific ex Japan ETF during the 3rd quarter worth about $479,000. Rathbones Group PLC raised its holdings in shares of iShares MSCI Pacific ex Japan ETF by 0.5% in the 3rd quarter. Rathbones Group PLC now owns 110,536 shares of the company’s stock valued at $5,699,000 after purchasing an additional 559 shares during the period. Finally, Russell Investments Group Ltd. bought a new stake in shares of iShares MSCI Pacific ex Japan ETF in the 3rd quarter valued at about $245,000. 74.75% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Pacific ex Japan ETF Trading Down 2.0%

Shares of NYSEARCA:EPP traded down $1.07 during trading on Thursday, hitting $51.97. 589,619 shares of the company were exchanged, compared to its average volume of 547,809. iShares MSCI Pacific ex Japan ETF has a fifty-two week low of $38.44 and a fifty-two week high of $57.04. The stock has a market cap of $1.89 billion, a price-to-earnings ratio of 18.02 and a beta of 0.85. The firm has a fifty day moving average price of $54.27 and a two-hundred day moving average price of $52.27.

iShares MSCI Pacific ex Japan ETF Company Profile

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.