Short Interest in iShares MSCI Ireland ETF (NYSEARCA:EIRL) Declines By 51.1%

iShares MSCI Ireland ETF (NYSEARCA:EIRL) was the target of a significant drop in short interest in April. As of April 30th, there was short interest totaling 392 shares, a drop of 51.1% from the April 15th total of 801 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 3,361 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Allspring Global Investments Holdings LLC purchased a new position in shares of iShares MSCI Ireland ETF in the fourth quarter worth approximately $30,000. Raymond James Financial Inc. purchased a new position in shares of iShares MSCI Ireland ETF in the second quarter worth approximately $145,000. Idaho Trust Co boosted its holdings in shares of iShares MSCI Ireland ETF by 9.3% during the fourth quarter. Idaho Trust Co now owns 3,614 shares of the company’s stock worth $266,000 after purchasing an additional 307 shares during the period. Wealthfront Advisers LLC boosted its holdings in shares of iShares MSCI Ireland ETF by 10.9% during the third quarter. Wealthfront Advisers LLC now owns 4,530 shares of the company’s stock worth $306,000 after purchasing an additional 447 shares during the period. Finally, UBS Group AG grew its position in iShares MSCI Ireland ETF by 47.6% during the third quarter. UBS Group AG now owns 8,612 shares of the company’s stock valued at $581,000 after purchasing an additional 2,779 shares in the last quarter.

iShares MSCI Ireland ETF Stock Down 1.6%

Shares of iShares MSCI Ireland ETF stock traded down $1.21 during trading on Friday, hitting $72.28. The stock had a trading volume of 1,231 shares, compared to its average volume of 7,148. The stock has a 50 day simple moving average of $71.06 and a 200 day simple moving average of $72.15. The company has a market capitalization of $68.67 million, a PE ratio of 12.65 and a beta of 0.96. iShares MSCI Ireland ETF has a 1 year low of $62.95 and a 1 year high of $77.20.

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.