Short Interest in iShares MSCI Poland ETF (NYSEARCA:EPOL) Drops By 29.3%

iShares MSCI Poland ETF (NYSEARCA:EPOL) was the recipient of a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 567,150 shares, a decline of 29.3% from the February 26th total of 802,651 shares. Based on an average daily trading volume, of 833,208 shares, the days-to-cover ratio is currently 0.7 days. Currently, 3.7% of the company’s stock are sold short.

iShares MSCI Poland ETF Price Performance

iShares MSCI Poland ETF stock traded down $0.37 during midday trading on Friday, reaching $34.58. The company’s stock had a trading volume of 285,475 shares, compared to its average volume of 595,305. The stock’s 50-day simple moving average is $36.81 and its 200-day simple moving average is $34.89. iShares MSCI Poland ETF has a 52-week low of $24.18 and a 52-week high of $38.99. The stock has a market capitalization of $532.53 million, a P/E ratio of 9.04 and a beta of 1.22.

Institutional Investors Weigh In On iShares MSCI Poland ETF

Several institutional investors and hedge funds have recently made changes to their positions in EPOL. Advisors Preferred LLC purchased a new stake in iShares MSCI Poland ETF during the 4th quarter valued at about $28,000. O Shaughnessy Asset Management LLC raised its holdings in shares of iShares MSCI Poland ETF by 319.0% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 926 shares of the company’s stock worth $33,000 after purchasing an additional 705 shares during the last quarter. Solstein Capital LLC purchased a new position in shares of iShares MSCI Poland ETF during the third quarter worth $32,000. Kestra Advisory Services LLC acquired a new position in iShares MSCI Poland ETF during the fourth quarter valued at $40,000. Finally, Farther Finance Advisors LLC acquired a new position in iShares MSCI Poland ETF during the third quarter valued at $46,000.

iShares MSCI Poland ETF Company Profile

The iShares MSCI Poland ETF (EPOL) is an exchange-traded fund that is based on the MSCI Poland IMI 25-50 index, a market-cap-weighted index of the broader Polish equity market. EPOL was launched on May 25, 2010 and is managed by BlackRock.