Short Interest in iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) Rises By 150.0%

iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) saw a large growth in short interest in December. As of December 15th, there was short interest totaling 506,804 shares, a growth of 150.0% from the November 30th total of 202,693 shares. Currently, 1.5% of the shares of the company are sold short. Based on an average daily trading volume, of 297,506 shares, the days-to-cover ratio is presently 1.7 days. Based on an average daily trading volume, of 297,506 shares, the days-to-cover ratio is presently 1.7 days. Currently, 1.5% of the shares of the company are sold short.

Institutional Trading of iShares MSCI Pacific ex Japan ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in EPP. IFP Advisors Inc lifted its holdings in iShares MSCI Pacific ex Japan ETF by 130.7% during the 3rd quarter. IFP Advisors Inc now owns 1,336 shares of the company’s stock worth $69,000 after purchasing an additional 757 shares in the last quarter. Flow Traders U.S. LLC increased its position in shares of iShares MSCI Pacific ex Japan ETF by 95.4% during the third quarter. Flow Traders U.S. LLC now owns 223,148 shares of the company’s stock valued at $11,506,000 after buying an additional 108,969 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of iShares MSCI Pacific ex Japan ETF by 1.0% in the third quarter. Ameriprise Financial Inc. now owns 94,255 shares of the company’s stock worth $4,851,000 after buying an additional 953 shares in the last quarter. Russell Investments Group Ltd. bought a new position in shares of iShares MSCI Pacific ex Japan ETF in the third quarter valued at approximately $245,000. Finally, Rathbones Group PLC boosted its position in shares of iShares MSCI Pacific ex Japan ETF by 0.5% in the third quarter. Rathbones Group PLC now owns 110,536 shares of the company’s stock valued at $5,699,000 after acquiring an additional 559 shares during the period. 74.75% of the stock is currently owned by institutional investors.

iShares MSCI Pacific ex Japan ETF Stock Performance

iShares MSCI Pacific ex Japan ETF stock traded up $0.20 during mid-day trading on Friday, reaching $51.45. The company’s stock had a trading volume of 1,085,369 shares, compared to its average volume of 352,187. iShares MSCI Pacific ex Japan ETF has a 12-month low of $38.44 and a 12-month high of $52.72. The company has a market capitalization of $1.78 billion, a P/E ratio of 18.02 and a beta of 0.85. The firm’s fifty day moving average price is $50.92 and its two-hundred day moving average price is $50.70.

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.