iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) Sees Large Drop in Short Interest

iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) saw a large drop in short interest in August. As of August 31st, there was short interest totaling 24,243 shares, a drop of 86.6% from the August 15th total of 180,345 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 219,363 shares, the short-interest ratio is currently 0.1 days.

iShares MSCI Pacific ex Japan ETF Trading Up 0.6%

NYSEARCA:EPP opened at $56.55 on Friday. The company has a market cap of $2.22 billion, a PE ratio of 18.02 and a beta of 0.78. iShares MSCI Pacific ex Japan ETF has a twelve month low of $48.93 and a twelve month high of $58.56. The company’s 50 day moving average is $56.58 and its two-hundred day moving average is $55.30.

Institutional Investors Weigh In On iShares MSCI Pacific ex Japan ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Syon Capital LLC grew its holdings in shares of iShares MSCI Pacific ex Japan ETF by 25.8% during the second quarter. Syon Capital LLC now owns 189,423 shares of the company’s stock valued at $10,089,000 after buying an additional 38,905 shares during the last quarter. Rathbones Group PLC lifted its position in iShares MSCI Pacific ex Japan ETF by 6.9% during the 1st quarter. Rathbones Group PLC now owns 119,865 shares of the company’s stock worth $6,370,000 after acquiring an additional 7,767 shares during the period. Ameriprise Financial Inc. lifted its position in iShares MSCI Pacific ex Japan ETF by 1.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 94,255 shares of the company’s stock worth $4,851,000 after acquiring an additional 953 shares during the period. Hilltop Holdings Inc. acquired a new stake in iShares MSCI Pacific ex Japan ETF during the 1st quarter worth about $2,714,000. Finally, Bank of New York Mellon Corp grew its stake in iShares MSCI Pacific ex Japan ETF by 3.3% during the 1st quarter. Bank of New York Mellon Corp now owns 23,590 shares of the company’s stock valued at $1,254,000 after purchasing an additional 747 shares during the last quarter. 74.75% of the stock is currently owned by institutional investors and hedge funds.

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.