Short Interest in iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) Grows By 643.2%

iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 590,561 shares, an increase of 643.2% from the June 15th total of 79,462 shares. Currently, 1.5% of the company’s stock are short sold. Based on an average daily volume of 316,127 shares, the days-to-cover ratio is presently 1.9 days.

Institutional Trading of iShares MSCI Pacific ex Japan ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. SBI Securities Co. Ltd. raised its stake in shares of iShares MSCI Pacific ex Japan ETF by 4.1% in the fourth quarter. SBI Securities Co. Ltd. now owns 6,009 shares of the company’s stock worth $303,000 after purchasing an additional 239 shares during the last quarter. Jones Financial Companies Lllp raised its position in iShares MSCI Pacific ex Japan ETF by 94.6% in the 1st quarter. Jones Financial Companies Lllp now owns 613 shares of the company’s stock worth $27,000 after buying an additional 298 shares during the last quarter. Resolute Advisors LLC lifted its stake in iShares MSCI Pacific ex Japan ETF by 2.1% during the 4th quarter. Resolute Advisors LLC now owns 21,585 shares of the company’s stock valued at $1,089,000 after acquiring an additional 440 shares during the period. Lee Danner & Bass Inc. lifted its stake in iShares MSCI Pacific ex Japan ETF by 3.4% during the 4th quarter. Lee Danner & Bass Inc. now owns 21,025 shares of the company’s stock valued at $1,061,000 after acquiring an additional 700 shares during the period. Finally, Bank of New York Mellon Corp boosted its holdings in shares of iShares MSCI Pacific ex Japan ETF by 3.3% during the 1st quarter. Bank of New York Mellon Corp now owns 23,590 shares of the company’s stock valued at $1,254,000 after acquiring an additional 747 shares during the last quarter. Institutional investors own 74.75% of the company’s stock.

iShares MSCI Pacific ex Japan ETF Price Performance

EPP stock traded up $0.54 during trading on Friday, hitting $54.60. 185,186 shares of the stock traded hands, compared to its average volume of 452,100. The firm’s 50 day moving average is $54.51 and its two-hundred day moving average is $54.05. The stock has a market cap of $2.15 billion, a price-to-earnings ratio of 18.02 and a beta of 0.78. iShares MSCI Pacific ex Japan ETF has a 1 year low of $48.92 and a 1 year high of $57.07.

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.