Short Interest in iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) Drops By 55.4%

iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) was the recipient of a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 280,428 shares, a decrease of 55.4% from the February 26th total of 628,643 shares. Approximately 0.8% of the shares of the company are sold short. Based on an average trading volume of 761,882 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of iShares MSCI Pacific ex Japan ETF

Several institutional investors have recently added to or reduced their stakes in the company. Flow Traders U.S. LLC bought a new position in iShares MSCI Pacific ex Japan ETF during the 2nd quarter worth $5,637,000. Rathbones Group PLC boosted its position in shares of iShares MSCI Pacific ex Japan ETF by 0.5% in the third quarter. Rathbones Group PLC now owns 110,536 shares of the company’s stock valued at $5,699,000 after acquiring an additional 559 shares during the period. First Horizon Corp bought a new stake in shares of iShares MSCI Pacific ex Japan ETF in the third quarter valued at about $479,000. Syon Capital LLC grew its stake in shares of iShares MSCI Pacific ex Japan ETF by 4.2% in the fourth quarter. Syon Capital LLC now owns 149,318 shares of the company’s stock valued at $7,536,000 after acquiring an additional 5,998 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its stake in shares of iShares MSCI Pacific ex Japan ETF by 1.0% in the third quarter. Ameriprise Financial Inc. now owns 94,255 shares of the company’s stock valued at $4,851,000 after acquiring an additional 953 shares in the last quarter. 74.75% of the stock is currently owned by institutional investors.

iShares MSCI Pacific ex Japan ETF Trading Down 2.0%

Shares of NYSEARCA:EPP traded down $1.07 during trading on Thursday, reaching $51.97. 589,619 shares of the stock were exchanged, compared to its average volume of 547,809. iShares MSCI Pacific ex Japan ETF has a 12 month low of $38.44 and a 12 month high of $57.04. The firm has a market cap of $1.89 billion, a PE ratio of 18.02 and a beta of 0.85. The stock has a 50-day moving average price of $54.27 and a 200-day moving average price of $52.27.

About iShares MSCI Pacific ex Japan ETF

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.