iShares MSCI Ireland ETF (NYSEARCA:EIRL) Sees Large Decline in Short Interest

iShares MSCI Ireland ETF (NYSEARCA:EIRLGet Free Report) saw a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 392 shares, a decrease of 51.1% from the April 15th total of 801 shares. Based on an average daily volume of 3,361 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

iShares MSCI Ireland ETF Price Performance

Shares of EIRL opened at $72.28 on Monday. The company’s fifty day moving average is $71.06 and its 200-day moving average is $72.15. iShares MSCI Ireland ETF has a 12 month low of $62.95 and a 12 month high of $77.20. The firm has a market cap of $68.67 million, a price-to-earnings ratio of 12.65 and a beta of 0.96.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Wealthfront Advisers LLC grew its stake in iShares MSCI Ireland ETF by 5.0% in the 1st quarter. Wealthfront Advisers LLC now owns 4,694 shares of the company’s stock valued at $323,000 after buying an additional 224 shares during the last quarter. Marotta Asset Management grew its stake in 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 buying an additional 4,627 shares during the last quarter. Matthew Goff Investment Advisor LLC acquired a new position in iShares MSCI Ireland ETF in the 1st quarter valued at $30,316,000. Hilltop Holdings Inc. acquired a new position in iShares MSCI Ireland ETF in the 4th quarter valued at $1,327,000. Finally, Equitable Holdings Inc. grew its stake in iShares MSCI Ireland ETF by 4.3% in the 4th quarter. Equitable Holdings Inc. now owns 19,300 shares of the company’s stock valued at $1,419,000 after buying an additional 800 shares during the last quarter.

iShares MSCI Ireland ETF Company Profile

(Get Free Report)

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.

Further Reading

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