Short Interest in iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) Decreases By 86.6%

iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 24,243 shares, a decrease of 86.6% from the August 15th total of 180,345 shares. Based on an average daily volume of 219,363 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Syon Capital LLC raised its position in iShares MSCI Pacific ex Japan ETF by 25.8% in the second quarter. Syon Capital LLC now owns 189,423 shares of the company’s stock worth $10,089,000 after acquiring an additional 38,905 shares in the last quarter. Continuum Advisory LLC purchased a new stake in iShares MSCI Pacific ex Japan ETF during the second quarter worth $97,000. Resolute Advisors LLC boosted its position in iShares MSCI Pacific ex Japan ETF by 1.5% during the second 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. Navellier & Associates Inc. acquired a new stake in iShares MSCI Pacific ex Japan ETF in the second quarter valued at $695,000. Finally, Financial Management Professionals Inc. purchased a new position in shares of iShares MSCI Pacific ex Japan ETF in the second quarter valued at $933,000. 74.75% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Pacific ex Japan ETF Stock Up 0.6%

NYSEARCA:EPP traded up $0.33 during midday trading on Friday, reaching $56.55. The stock had a trading volume of 122,565 shares, compared to its average volume of 401,037. The firm has a fifty day simple moving average of $56.58 and a two-hundred day simple moving average of $55.30. iShares MSCI Pacific ex Japan ETF has a 12-month low of $48.93 and a 12-month high of $58.56. The stock has a market cap of $2.22 billion, a P/E ratio of 18.02 and a beta of 0.78.

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.