iShares MSCI Ireland ETF (NYSEARCA:EIRL) Short Interest Down 47.2% in January

iShares MSCI Ireland ETF (NYSEARCA:EIRL) was the recipient of a large drop in short interest in January. As of January 30th, there was short interest totaling 44,421 shares, a drop of 47.2% from the January 15th total of 84,081 shares. Approximately 4.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 5,999 shares, the days-to-cover ratio is presently 7.4 days. Based on an average daily trading volume, of 5,999 shares, the days-to-cover ratio is presently 7.4 days. Approximately 4.7% of the shares of the stock are sold short.

iShares MSCI Ireland ETF Stock Down 2.3%

Shares of iShares MSCI Ireland ETF stock traded down $1.74 during mid-day trading on Thursday, reaching $73.29. 3,540 shares of the stock traded hands, compared to its average volume of 8,053. The business has a 50-day moving average of $74.19 and a 200 day moving average of $70.16. The stock has a market capitalization of $69.63 million, a PE ratio of 12.65 and a beta of 1.02. iShares MSCI Ireland ETF has a fifty-two week low of $53.51 and a fifty-two week high of $77.20.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Brookstone Capital Management lifted its position in iShares MSCI Ireland ETF by 3.2% in the second quarter. Brookstone Capital Management now owns 6,375 shares of the company’s stock valued at $428,000 after acquiring an additional 200 shares during the last quarter. Wealthfront Advisers LLC increased its holdings in shares of iShares MSCI Ireland ETF by 6.8% in the second quarter. Wealthfront Advisers LLC now owns 4,083 shares of the company’s stock valued at $274,000 after purchasing an additional 261 shares during the period. TD Waterhouse Canada Inc. raised its stake in shares of iShares MSCI Ireland ETF by 3.4% during the second quarter. TD Waterhouse Canada Inc. now owns 43,370 shares of the company’s stock worth $2,913,000 after purchasing an additional 1,424 shares during the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in shares of iShares MSCI Ireland ETF during the second quarter worth $133,000. Finally, Sepio Capital LP increased its stake in iShares MSCI Ireland ETF by 1.9% in the 2nd quarter. Sepio Capital LP now owns 17,716 shares of the company’s stock valued at $1,188,000 after buying an additional 330 shares during the period.

iShares MSCI Ireland ETF Company Profile

The iShares MSCI Ireland ETF (EIRL) is an exchange-traded fund that is based on the MSCI All Ireland Capped index, a market-cap-weighted index of Irish firms. EIRL was launched on May 5, 2010 and is managed by BlackRock.