iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) Stock Short Interest Report for October

iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) saw a large drop in short interest in October. As of October 15th, there was short interest totaling 33,225 shares, a drop of 35.1% from the September 30th total of 51,183 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 242,163 shares, the short-interest ratio is presently 0.1 days.

iShares MSCI Pacific ex Japan ETF Stock Down 0.7%

iShares MSCI Pacific ex Japan ETF stock opened at $55.14 on Wednesday. The firm has a fifty day simple moving average of $55.91 and a two-hundred day simple moving average of $55.16. iShares MSCI Pacific ex Japan ETF has a twelve month low of $48.93 and a twelve month high of $58.56. The company has a market capitalization of $2.22 billion, a PE ratio of 18.02 and a beta of 0.78.

Institutional Investors Weigh In On iShares MSCI Pacific ex Japan ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Hilltop Holdings Inc. purchased a new position in shares of iShares MSCI Pacific ex Japan ETF during the first quarter valued at about $2,714,000. Syon Capital LLC raised its stake in iShares MSCI Pacific ex Japan ETF by 25.8% in the second quarter. Syon Capital LLC now owns 189,423 shares of the company’s stock worth $10,089,000 after buying an additional 38,905 shares in the last quarter. Financial Management Professionals Inc. bought a new position in iShares MSCI Pacific ex Japan ETF in the second quarter worth about $933,000. Navellier & Associates Inc. bought a new position in iShares MSCI Pacific ex Japan ETF in the second quarter worth about $695,000. Finally, MassMutual Private Wealth & Trust FSB purchased a new stake in iShares MSCI Pacific ex Japan ETF in the third quarter worth about $658,000. 74.75% of the stock is currently owned by institutional investors.

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.