iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) Short Interest Up 224.0% in August

iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) saw a large growth in short interest in August. As of August 14th, there was short interest totaling 180,345 shares, a growth of 224.0% from the July 30th total of 55,658 shares. Based on an average daily trading volume, of 383,474 shares, the short-interest ratio is presently 0.5 days. Currently, 0.5% of the company’s stock are sold short.

Hedge Funds Weigh In On iShares MSCI Pacific ex Japan ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. raised its position in iShares MSCI Pacific ex Japan ETF by 4.1% during the fourth quarter. SBI Securities Co. Ltd. now owns 6,009 shares of the company’s stock valued at $303,000 after acquiring an additional 239 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in iShares MSCI Pacific ex Japan ETF by 94.6% in the 1st quarter. Jones Financial Companies Lllp now owns 613 shares of the company’s stock valued at $27,000 after acquiring an additional 298 shares during the last quarter. Resolute Advisors LLC lifted its position in iShares MSCI Pacific ex Japan ETF by 1.5% during the second quarter. Resolute Advisors LLC now owns 21,915 shares of the company’s stock worth $1,167,000 after buying an additional 330 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of iShares MSCI Pacific ex Japan ETF by 3.3% during the 1st quarter. Bank of New York Mellon Corp now owns 23,590 shares of the company’s stock valued at $1,254,000 after acquiring an additional 747 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in iShares MSCI Pacific ex Japan ETF by 1.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 94,255 shares of the company’s stock valued at $4,851,000 after purchasing an additional 953 shares during the last quarter. Hedge funds and other institutional investors own 74.75% of the company’s stock.

iShares MSCI Pacific ex Japan ETF Price Performance

NYSEARCA EPP traded down $0.15 during trading on Friday, hitting $57.72. The company’s stock had a trading volume of 238,856 shares, compared to its average volume of 413,372. The company has a market cap of $2.27 billion, a PE ratio of 18.02 and a beta of 0.78. The business’s 50 day simple moving average is $55.72 and its 200-day simple moving average is $55.16. iShares MSCI Pacific ex Japan ETF has a fifty-two week low of $48.93 and a fifty-two week high of $58.56.

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.