iShares MSCI Ireland ETF (NYSEARCA:EIRL) Short Interest Update

iShares MSCI Ireland ETF (NYSEARCA:EIRL) saw a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 5,773 shares, a drop of 53.3% from the July 30th total of 12,372 shares. Based on an average daily volume of 3,700 shares, the days-to-cover ratio is presently 1.6 days. Approximately 0.6% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. TD Waterhouse Canada Inc. boosted its holdings in iShares MSCI Ireland ETF by 6.1% during the second quarter. TD Waterhouse Canada Inc. now owns 61,176 shares of the company’s stock valued at $4,810,000 after acquiring an additional 3,498 shares during the period. Capital Square LLC bought a new stake in shares of iShares MSCI Ireland ETF in the second quarter valued at approximately $798,000. Wealthfront Advisers LLC boosted its position in shares of iShares MSCI Ireland ETF by 5.0% in the first quarter. Wealthfront Advisers LLC now owns 4,694 shares of the company’s stock valued at $323,000 after acquiring an additional 224 shares during the period. Marotta Asset Management grew its stake in shares of iShares MSCI Ireland ETF by 2.9% in the first 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 last quarter. Finally, Matthew Goff Investment Advisor LLC acquired a new stake in shares of iShares MSCI Ireland ETF in the first quarter worth $30,316,000.

iShares MSCI Ireland ETF Stock Performance

Shares of iShares MSCI Ireland ETF stock traded down $0.59 on Friday, reaching $82.86. The stock had a trading volume of 2,144 shares, compared to its average volume of 9,741. The business’s 50-day moving average price is $80.37 and its two-hundred day moving average price is $75.53. The stock has a market cap of $78.72 million, a P/E ratio of 12.65 and a beta of 0.95. iShares MSCI Ireland ETF has a fifty-two week low of $65.73 and a fifty-two week high of $84.45.

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.