Short Interest in iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) Rises 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 shares of the company are short sold. Based on an average daily trading volume, of 316,127 shares, the short-interest ratio is currently 1.9 days.

iShares MSCI Pacific ex Japan ETF Price Performance

iShares MSCI Pacific ex Japan ETF stock traded up $0.54 during mid-day trading on Friday, reaching $54.60. 185,186 shares of the stock traded hands, compared to its average volume of 452,100. The stock has a market capitalization of $2.15 billion, a PE ratio of 18.02 and a beta of 0.78. iShares MSCI Pacific ex Japan ETF has a 12-month low of $48.92 and a 12-month high of $57.07. The business’s 50-day moving average is $54.51 and its 200-day moving average is $54.05.

Institutional Investors Weigh In On iShares MSCI Pacific ex Japan ETF

Large investors have recently made changes to their positions in the company. Jones Financial Companies Lllp increased its position in shares of iShares MSCI Pacific ex Japan ETF by 94.6% during the 1st quarter. Jones Financial Companies Lllp now owns 613 shares of the company’s stock valued at $27,000 after purchasing an additional 298 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new stake in iShares MSCI Pacific ex Japan ETF during the fourth quarter valued at approximately $43,000. IFP Advisors Inc grew its position in iShares MSCI Pacific ex Japan ETF by 130.7% during the third quarter. IFP Advisors Inc now owns 1,336 shares of the company’s stock valued at $69,000 after buying an additional 757 shares during the period. Montecito Bank & Trust purchased a new stake in iShares MSCI Pacific ex Japan ETF during the first quarter valued at approximately $202,000. Finally, Arkadios Wealth Advisors purchased a new stake in iShares MSCI Pacific ex Japan ETF during the first quarter valued at approximately $218,000. 74.75% of the stock is currently owned by institutional investors.

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.