iShares MSCI Israel ETF (NYSEARCA:EIS) Short Interest Up 46.2% in February

iShares MSCI Israel ETF (NYSEARCA:EIS) was the recipient of a large increase in short interest in February. As of February 13th, there was short interest totaling 106,158 shares, an increase of 46.2% from the January 29th total of 72,604 shares. Based on an average daily trading volume, of 136,734 shares, the short-interest ratio is currently 0.8 days. Approximately 1.6% of the company’s stock are sold short. Approximately 1.6% of the company’s stock are sold short. Based on an average daily trading volume, of 136,734 shares, the short-interest ratio is currently 0.8 days.

Hedge Funds Weigh In On iShares MSCI Israel ETF

Large investors have recently made changes to their positions in the business. Sunbelt Securities Inc. bought a new stake in shares of iShares MSCI Israel ETF in the 4th quarter worth approximately $339,000. Corient Private Wealth LLC bought a new position in iShares MSCI Israel ETF during the 4th quarter valued at approximately $356,000. Beacon Pointe Advisors LLC raised its stake in iShares MSCI Israel ETF by 97.3% during the fourth quarter. Beacon Pointe Advisors LLC now owns 6,468 shares of the company’s stock valued at $712,000 after buying an additional 3,189 shares during the last quarter. KKM Financial LLC raised its stake in iShares MSCI Israel ETF by 15.4% during the fourth quarter. KKM Financial LLC now owns 3,999 shares of the company’s stock valued at $440,000 after buying an additional 534 shares during the last quarter. Finally, VestGen Advisors LLC bought a new stake in iShares MSCI Israel ETF in the fourth quarter worth $2,606,000.

iShares MSCI Israel ETF Stock Performance

Shares of iShares MSCI Israel ETF stock traded down $0.03 during trading on Friday, hitting $118.78. The company’s stock had a trading volume of 77,873 shares, compared to its average volume of 144,410. The company has a fifty day simple moving average of $118.14 and a two-hundred day simple moving average of $106.40. The company has a market capitalization of $766.13 million, a PE ratio of 13.79 and a beta of 1.03. iShares MSCI Israel ETF has a 52 week low of $67.96 and a 52 week high of $124.53.

About iShares MSCI Israel ETF

The iShares MSCI Israel ETF (EIS) is an exchange-traded fund that is based on the MSCI Israel Capped index, a market-cap-weighted index of Israeli firms. EIS was launched on Mar 26, 2008 and is managed by BlackRock.