iShares MSCI Israel ETF (NYSEARCA:EIS) Sees Significant Decline in Short Interest

iShares MSCI Israel ETF (NYSEARCA:EIS) was the target of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 77,929 shares, a decrease of 55.4% from the December 15th total of 174,878 shares. Currently, 1.4% of the shares of the stock are sold short. Based on an average trading volume of 59,030 shares, the short-interest ratio is presently 1.3 days. Based on an average trading volume of 59,030 shares, the short-interest ratio is presently 1.3 days. Currently, 1.4% of the shares of the stock are sold short.

iShares MSCI Israel ETF Stock Up 0.5%

Shares of EIS stock traded up $0.56 during mid-day trading on Thursday, hitting $119.32. 100,184 shares of the stock were exchanged, compared to its average volume of 128,235. iShares MSCI Israel ETF has a 52-week low of $67.96 and a 52-week high of $120.07. The company has a market cap of $692.06 million, a PE ratio of 13.79 and a beta of 1.03. The firm has a fifty day moving average of $109.09 and a 200 day moving average of $100.50.

Institutional Trading of iShares MSCI Israel ETF

Institutional investors have recently bought and sold shares of the business. Korea Investment CORP increased its position in shares of iShares MSCI Israel ETF by 130.9% in the third quarter. Korea Investment CORP now owns 410,232 shares of the company’s stock valued at $41,146,000 after buying an additional 232,559 shares in the last quarter. Jane Street Group LLC acquired a new stake in iShares MSCI Israel ETF in the 1st quarter valued at $5,684,000. Wealth High Governance Capital Ltda purchased a new stake in iShares MSCI Israel ETF in the 3rd quarter worth $6,018,000. CoreCap Advisors LLC raised its position in iShares MSCI Israel ETF by 1.9% during the fourth quarter. CoreCap Advisors LLC now owns 47,665 shares of the company’s stock worth $5,245,000 after acquiring an additional 874 shares during the period. Finally, BW Gestao de Investimentos Ltda. purchased a new position in iShares MSCI Israel ETF during the third quarter valued at $4,012,000.

About iShares MSCI Israel ETF

The iShares MSCI Israel ETF (EIS) is an exchange-traded fund that is based on the MSCI Israel Capped index, a market-cap-weighted index of Israeli firms. EIS was launched on Mar 26, 2008 and is managed by BlackRock.