iShares MSCI Ireland ETF (NYSEARCA:EIRL) Short Interest Up 57.4% in May

iShares MSCI Ireland ETF (NYSEARCA:EIRL) was the target of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 1,330 shares, an increase of 57.4% from the May 14th total of 845 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 4,924 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Matthew Goff Investment Advisor LLC purchased a new position in shares of iShares MSCI Ireland ETF during the 1st quarter worth about $30,316,000. Marotta Asset Management lifted its holdings in shares of iShares MSCI Ireland ETF by 2.9% during the 1st quarter. Marotta Asset Management now owns 162,963 shares of the company’s stock worth $11,300,000 after acquiring an additional 4,627 shares during the period. TD Waterhouse Canada Inc. lifted its holdings in shares of iShares MSCI Ireland ETF by 9.0% during the 4th quarter. TD Waterhouse Canada Inc. now owns 52,115 shares of the company’s stock worth $3,822,000 after acquiring an additional 4,321 shares during the period. Flow Traders U.S. LLC lifted its holdings in shares of iShares MSCI Ireland ETF by 138.8% during the 3rd quarter. Flow Traders U.S. LLC now owns 27,954 shares of the company’s stock worth $1,886,000 after acquiring an additional 16,246 shares during the period. Finally, Equitable Holdings Inc. lifted its holdings in shares of iShares MSCI Ireland ETF by 4.3% during the 4th quarter. Equitable Holdings Inc. now owns 19,300 shares of the company’s stock worth $1,419,000 after acquiring an additional 800 shares during the period.

iShares MSCI Ireland ETF Stock Up 0.8%

Shares of EIRL stock traded up $0.62 during trading hours on Tuesday, hitting $77.69. 1,492 shares of the company were exchanged, compared to its average volume of 9,411. The firm has a market cap of $73.81 million, a PE ratio of 12.65 and a beta of 0.95. iShares MSCI Ireland ETF has a 1 year low of $64.50 and a 1 year high of $79.00. The firm has a fifty day moving average of $74.10 and a 200 day moving average of $73.17.

iShares MSCI Ireland ETF Company Profile

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.