iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) Short Interest Update

iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 223,890 shares, an increase of 75.3% from the December 15th total of 127,742 shares. Based on an average daily volume of 413,777 shares, the short-interest ratio is presently 0.5 days. Currently, 0.7% of the shares of the company are sold short. Currently, 0.7% of the shares of the company are sold short. Based on an average daily volume of 413,777 shares, the short-interest ratio is presently 0.5 days.

iShares Core MSCI Pacific ETF Trading Up 0.2%

Shares of NYSEARCA IPAC traded up $0.16 during midday trading on Friday, hitting $76.74. 50,203 shares of the company’s stock were exchanged, compared to its average volume of 181,555. iShares Core MSCI Pacific ETF has a 12-month low of $54.90 and a 12-month high of $76.80. The company has a market cap of $2.30 billion, a price-to-earnings ratio of 15.73 and a beta of 0.72. The business’s fifty day moving average price is $74.34 and its two-hundred day moving average price is $72.84.

Institutional Trading of iShares Core MSCI Pacific ETF

A number of hedge funds have recently modified their holdings of IPAC. Royal Bank of Canada lifted its position in iShares Core MSCI Pacific ETF by 122.8% in the 1st quarter. Royal Bank of Canada now owns 50,433 shares of the company’s stock valued at $3,138,000 after acquiring an additional 27,794 shares in the last quarter. Jane Street Group LLC raised its position in shares of iShares Core MSCI Pacific ETF by 40.9% during the 1st quarter. Jane Street Group LLC now owns 46,748 shares of the company’s stock valued at $2,910,000 after purchasing an additional 13,567 shares during the period. Balefire LLC bought a new position in shares of iShares Core MSCI Pacific ETF in the second quarter worth about $584,000. Sapient Capital LLC bought a new position in shares of iShares Core MSCI Pacific ETF during the second quarter worth $571,000. Finally, Security National Bank bought a new stake in iShares Core MSCI Pacific ETF in the second quarter worth $143,000.

iShares Core MSCI Pacific ETF Company Profile

The iShares Core MSCI Pacific ETF (IPAC) is an exchange-traded fund that is based on the MSCI Pacific IMI index, a market-cap-weighted index of developed Pacific securities. IPAC was launched on Jun 10, 2014 and is managed by BlackRock.