iShares MSCI Ireland ETF (NYSEARCA:EIRL) Short Interest Up 115.6% in May

iShares MSCI Ireland ETF (NYSEARCA:EIRL) saw a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 845 shares, a growth of 115.6% from the April 30th total of 392 shares. Based on an average daily volume of 2,490 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Investors Weigh In On iShares MSCI Ireland ETF

Large investors have recently bought and sold shares of the stock. Matthew Goff Investment Advisor LLC purchased a new position in shares of iShares MSCI Ireland ETF in the 1st quarter valued at about $30,316,000. Hilltop Holdings Inc. purchased a new position in shares of iShares MSCI Ireland ETF in the 4th quarter valued at about $1,327,000. Flow Traders U.S. LLC increased its holdings in shares of iShares MSCI Ireland ETF by 138.8% in the 3rd quarter. Flow Traders U.S. LLC now owns 27,954 shares of the company’s stock valued at $1,886,000 after acquiring an additional 16,246 shares during the last quarter. Global Endowment Management LP purchased a new position in shares of iShares MSCI Ireland ETF in the 4th quarter valued at about $1,103,000. Finally, Marotta Asset Management increased its holdings in shares of iShares MSCI Ireland ETF by 2.9% in the 1st quarter. Marotta Asset Management now owns 162,963 shares of the company’s stock valued at $11,300,000 after acquiring an additional 4,627 shares during the last quarter.

iShares MSCI Ireland ETF Stock Down 0.2%

NYSEARCA:EIRL traded down $0.18 on Friday, reaching $76.03. The company’s stock had a trading volume of 16,773 shares, compared to its average volume of 6,948. iShares MSCI Ireland ETF has a 12-month low of $64.50 and a 12-month high of $77.20. The firm has a market cap of $72.23 million, a price-to-earnings ratio of 12.65 and a beta of 0.96. The stock has a 50 day moving average price of $72.10 and a 200 day moving average price of $72.57.

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.