Short Interest in iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) Grows By 643.2%

iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) saw a large growth in short interest in June. As of June 30th, there was short interest totaling 590,561 shares, a growth of 643.2% from the June 15th total of 79,462 shares. Currently, 1.5% of the company’s stock are sold short. Based on an average trading volume of 316,127 shares, the short-interest ratio is presently 1.9 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in EPP. Flow Traders U.S. LLC raised its stake in shares of iShares MSCI Pacific ex Japan ETF by 95.4% during the 3rd quarter. Flow Traders U.S. LLC now owns 223,148 shares of the company’s stock worth $11,506,000 after purchasing an additional 108,969 shares in the last quarter. Navellier & Associates Inc. acquired a new position in iShares MSCI Pacific ex Japan ETF during the fourth quarter worth $834,000. Lee Danner & Bass Inc. raised its position in iShares MSCI Pacific ex Japan ETF by 3.4% during the fourth quarter. Lee Danner & Bass Inc. now owns 21,025 shares of the company’s stock worth $1,061,000 after acquiring an additional 700 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new stake in iShares MSCI Pacific ex Japan ETF during the fourth quarter worth $43,000. Finally, Rathbones Group PLC raised its position in iShares MSCI Pacific ex Japan ETF by 1.4% during the fourth quarter. Rathbones Group PLC now owns 112,098 shares of the company’s stock worth $5,658,000 after acquiring an additional 1,562 shares in the last quarter. Institutional investors and hedge funds own 74.75% of the company’s stock.

iShares MSCI Pacific ex Japan ETF Stock Down 0.3%

Shares of NYSEARCA:EPP traded down $0.14 during midday trading on Monday, reaching $54.46. The company had a trading volume of 54,265 shares, compared to its average volume of 448,727. iShares MSCI Pacific ex Japan ETF has a 1-year low of $48.92 and a 1-year high of $57.07. The stock has a market cap of $2.14 billion, a PE ratio of 18.02 and a beta of 0.78. The business’s 50 day moving average price is $54.51 and its 200 day moving average price is $54.08.

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.