iShares MSCI Poland ETF (NYSEARCA:EPOL) Short Interest Down 53.4% in August

iShares MSCI Poland ETF (NYSEARCA:EPOL) saw a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 498,753 shares, a decline of 53.4% from the July 30th total of 1,071,363 shares. Based on an average trading volume of 475,775 shares, the short-interest ratio is presently 1.0 days. Approximately 2.9% of the shares of the stock are short sold.

Hedge Funds Weigh In On iShares MSCI Poland ETF

Large investors have recently modified their holdings of the company. Corient Private Wealth LLC lifted its position in iShares MSCI Poland ETF by 3.1% in the 4th quarter. Corient Private Wealth LLC now owns 11,488 shares of the company’s stock worth $404,000 after buying an additional 347 shares during the last quarter. Wealthfront Advisers LLC boosted its stake in iShares MSCI Poland ETF by 3.9% in the fourth quarter. Wealthfront Advisers LLC now owns 13,076 shares of the company’s stock worth $460,000 after buying an additional 491 shares in the last quarter. Kaizen Financial Strategies grew its position in iShares MSCI Poland ETF by 3.4% during the first quarter. Kaizen Financial Strategies now owns 18,315 shares of the company’s stock valued at $731,000 after acquiring an additional 597 shares during the last quarter. O Shaughnessy Asset Management LLC grew its position in iShares MSCI Poland ETF by 319.0% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 926 shares of the company’s stock valued at $33,000 after acquiring an additional 705 shares during the last quarter. Finally, Advisors Preferred LLC purchased a new position in shares of iShares MSCI Poland ETF during the fourth quarter worth approximately $28,000.

iShares MSCI Poland ETF Price Performance

NYSEARCA EPOL traded down $0.10 during trading hours on Friday, reaching $43.48. 669,561 shares of the stock traded hands, compared to its average volume of 486,372. The stock has a 50 day simple moving average of $41.72 and a two-hundred day simple moving average of $39.45. iShares MSCI Poland ETF has a 1 year low of $30.84 and a 1 year high of $45.06. The company has a market cap of $743.51 million, a price-to-earnings ratio of 9.04 and a beta of 1.03.

About iShares MSCI Poland ETF

The iShares MSCI Poland ETF (EPOL) is an exchange-traded fund that is based on the MSCI Poland IMI 25-50 index, a market-cap-weighted index of the broader Polish equity market. EPOL was launched on May 25, 2010 and is managed by BlackRock.