Short Interest in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) Increases By 39.7%

iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 127,742 shares, a growth of 39.7% from the November 30th total of 91,429 shares. Based on an average trading volume of 105,873 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.5% of the company’s shares are sold short. Currently, 0.5% of the company’s shares are sold short. Based on an average trading volume of 105,873 shares, the days-to-cover ratio is presently 1.2 days.

Institutional Trading of iShares Core MSCI Pacific ETF

Hedge funds have recently modified their holdings of the company. Trust Co. of Vermont acquired a new stake in iShares Core MSCI Pacific ETF in the third quarter worth $36,000. AE Wealth Management LLC boosted its holdings in shares of iShares Core MSCI Pacific ETF by 216.7% in the second quarter. AE Wealth Management LLC now owns 570 shares of the company’s stock valued at $39,000 after buying an additional 390 shares during the period. MassMutual Private Wealth & Trust FSB bought a new stake in iShares Core MSCI Pacific ETF in the 3rd quarter valued at $57,000. CIBC Private Wealth Group LLC boosted its position in shares of iShares Core MSCI Pacific ETF by 34.6% during the third quarter. CIBC Private Wealth Group LLC now owns 1,310 shares of the company’s stock worth $96,000 after buying an additional 337 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its position in iShares Core MSCI Pacific ETF by 34.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,056 shares of the company’s stock worth $141,000 after acquiring an additional 527 shares during the last quarter.

iShares Core MSCI Pacific ETF Trading Down 0.2%

Shares of NYSEARCA:IPAC opened at $73.68 on Tuesday. The stock has a market capitalization of $1.94 billion, a P/E ratio of 15.73 and a beta of 0.72. The business has a 50-day moving average price of $74.22 and a two-hundred day moving average price of $72.14. iShares Core MSCI Pacific ETF has a 1-year low of $54.90 and a 1-year high of $76.13.

iShares Core MSCI Pacific ETF Company Profile

The iShares Core MSCI Pacific ETF (IPAC) is an exchange-traded fund that is based on the MSCI Pacific IMI index, a market-cap-weighted index of developed Pacific securities. IPAC was launched on Jun 10, 2014 and is managed by BlackRock.