iShares MSCI Ireland ETF (NYSEARCA:EIRL) Short Interest Update

iShares MSCI Ireland ETF (NYSEARCA:EIRL) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 952 shares, a drop of 90.2% from the June 15th total of 9,739 shares. Based on an average daily volume of 29,390 shares, the short-interest ratio is presently 0.0 days. Currently, 0.1% of the shares of the stock are sold short.

iShares MSCI Ireland ETF Stock Down 0.1%

Shares of iShares MSCI Ireland ETF stock traded down $0.07 on Friday, reaching $79.10. The company’s stock had a trading volume of 2,152 shares, compared to its average volume of 11,269. The company has a market capitalization of $75.14 million, a P/E ratio of 12.65 and a beta of 0.95. The stock has a 50-day moving average price of $76.34 and a 200-day moving average price of $73.84. iShares MSCI Ireland ETF has a 52-week low of $64.70 and a 52-week high of $79.97.

Hedge Funds Weigh In On iShares MSCI Ireland ETF

A number of large investors have recently added to or reduced their stakes in the stock. Matthew Goff Investment Advisor LLC acquired a new stake in shares of iShares MSCI Ireland ETF in the first quarter valued at about $30,316,000. Hilltop Holdings Inc. acquired a new position in shares of iShares MSCI Ireland ETF during the 4th quarter worth about $1,327,000. Flow Traders U.S. LLC raised its position in shares of iShares MSCI Ireland ETF by 138.8% during the 3rd quarter. Flow Traders U.S. LLC now owns 27,954 shares of the company’s stock worth $1,886,000 after purchasing an additional 16,246 shares during the last quarter. Global Endowment Management LP purchased a new position in iShares MSCI Ireland ETF in the 4th quarter valued at about $1,103,000. Finally, Marotta Asset Management increased its stake in iShares MSCI Ireland ETF by 2.9% during the 1st quarter. Marotta Asset Management now owns 162,963 shares of the company’s stock worth $11,300,000 after buying an additional 4,627 shares in the last quarter.

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.