iShares MSCI Peru and Global Exposure ETF (NYSEARCA:EPU) Short Interest Up 254.4% in July

iShares MSCI Peru and Global Exposure ETF (NYSEARCA:EPU) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 71,229 shares, a growth of 254.4% from the July 15th total of 20,097 shares. Currently, 1.1% of the shares of the company are sold short. Based on an average daily trading volume, of 53,647 shares, the days-to-cover ratio is currently 1.3 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Bank of New York Mellon Corp increased its stake in shares of iShares MSCI Peru and Global Exposure ETF by 3.8% during the 1st quarter. Bank of New York Mellon Corp now owns 5,604 shares of the company’s stock worth $452,000 after purchasing an additional 207 shares during the last quarter. Innealta Capital LLC lifted its stake in iShares MSCI Peru and Global Exposure ETF by 7.8% in the fourth quarter. Innealta Capital LLC now owns 6,215 shares of the company’s stock valued at $450,000 after purchasing an additional 448 shares during the last quarter. Trust Co. of Oklahoma bought a new position in iShares MSCI Peru and Global Exposure ETF during the first quarter valued at $570,000. Finally, Advisory Services Network LLC grew its holdings in iShares MSCI Peru and Global Exposure ETF by 263.3% during the fourth quarter. Advisory Services Network LLC now owns 10,035 shares of the company’s stock valued at $726,000 after purchasing an additional 7,273 shares during the period.

iShares MSCI Peru and Global Exposure ETF Stock Performance

NYSEARCA EPU opened at $88.69 on Friday. iShares MSCI Peru and Global Exposure ETF has a 52-week low of $51.38 and a 52-week high of $95.28. The company has a 50-day simple moving average of $85.87 and a 200 day simple moving average of $84.88. The company has a market capitalization of $554.31 million, a PE ratio of 12.17 and a beta of 0.78.

About iShares MSCI Peru and Global Exposure ETF

The iShares MSCI Peru ETF (EPU) is an exchange-traded fund that is based on the MSCI All Peru Capped index, a market-cap-weighted index of Peruvian firms. EPU was launched on Jun 19, 2009 and is managed by BlackRock.