iShares MSCI Ireland ETF (NYSEARCA:EIRL) Short Interest Update

iShares MSCI Ireland ETF (NYSEARCA:EIRL) saw a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 22,032 shares, a decrease of 56.1% from the February 12th total of 50,235 shares. Based on an average daily volume of 13,419 shares, the days-to-cover ratio is currently 1.6 days. Approximately 2.3% of the company’s shares are sold short. Approximately 2.3% of the company’s shares are sold short. Based on an average daily volume of 13,419 shares, the days-to-cover ratio is currently 1.6 days.

Institutional Investors Weigh In On iShares MSCI Ireland ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. Allspring Global Investments Holdings LLC purchased a new position in iShares MSCI Ireland ETF during the 4th quarter valued at $30,000. Elevation Point Wealth Partners LLC purchased a new stake in iShares MSCI Ireland ETF in the second quarter worth $133,000. Raymond James Financial Inc. purchased a new stake in iShares MSCI Ireland ETF in the second quarter worth $145,000. Idaho Trust Co lifted its position in shares of iShares MSCI Ireland ETF by 9.3% during the fourth quarter. Idaho Trust Co now owns 3,614 shares of the company’s stock worth $266,000 after purchasing an additional 307 shares during the last quarter. Finally, Wealthfront Advisers LLC lifted its position in shares of iShares MSCI Ireland ETF by 10.9% during the third quarter. Wealthfront Advisers LLC now owns 4,530 shares of the company’s stock worth $306,000 after purchasing an additional 447 shares during the last quarter.

iShares MSCI Ireland ETF Stock Performance

NYSEARCA EIRL traded down $0.88 during trading on Friday, hitting $68.15. The stock had a trading volume of 8,192 shares, compared to its average volume of 10,453. The stock has a market capitalization of $64.74 million, a price-to-earnings ratio of 12.65 and a beta of 1.02. iShares MSCI Ireland ETF has a one year low of $53.51 and a one year high of $77.20. The stock has a 50 day simple moving average of $73.59 and a 200 day simple moving average of $70.91.

iShares MSCI Ireland ETF Company Profile

The iShares MSCI Ireland ETF (EIRL) is an exchange-traded fund that is based on the MSCI All Ireland Capped index, a market-cap-weighted index of Irish firms. EIRL was launched on May 5, 2010 and is managed by BlackRock.