iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) Short Interest Up 283.6% in February

iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) saw a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 628,643 shares, an increase of 283.6% from the February 12th total of 163,901 shares. Approximately 1.7% of the shares of the company are short sold. Based on an average daily trading volume, of 463,860 shares, the short-interest ratio is currently 1.4 days. Based on an average daily trading volume, of 463,860 shares, the short-interest ratio is currently 1.4 days. Approximately 1.7% of the shares of the company are short sold.

iShares MSCI Pacific ex Japan ETF Stock Performance

Shares of EPP traded down $1.01 during mid-day trading on Thursday, hitting $53.70. The company’s stock had a trading volume of 524,373 shares, compared to its average volume of 528,127. iShares MSCI Pacific ex Japan ETF has a one year low of $38.44 and a one year high of $57.04. The firm has a market capitalization of $1.95 billion, a PE ratio of 18.02 and a beta of 0.85. The stock’s 50-day moving average is $53.94 and its two-hundred day moving average is $52.15.

Hedge Funds Weigh In On iShares MSCI Pacific ex Japan ETF

Several large investors have recently bought and sold shares of EPP. Flow Traders U.S. LLC acquired a new stake in iShares MSCI Pacific ex Japan ETF in the 2nd quarter worth $5,637,000. Navellier & Associates Inc. bought a new position in shares of iShares MSCI Pacific ex Japan ETF during the 4th quarter worth about $834,000. First Horizon Corp acquired a new position in shares of iShares MSCI Pacific ex Japan ETF during the third quarter valued at about $479,000. Syon Capital LLC raised its position in shares of iShares MSCI Pacific ex Japan ETF by 4.2% during the fourth quarter. Syon Capital LLC now owns 149,318 shares of the company’s stock valued at $7,536,000 after buying an additional 5,998 shares during the last quarter. Finally, Russell Investments Group Ltd. bought a new stake in shares of iShares MSCI Pacific ex Japan ETF in the third quarter valued at about $245,000. 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.