iShares MSCI Ireland ETF (NYSEARCA:EIRL) Sees Large Decrease in Short Interest

iShares MSCI Ireland ETF (NYSEARCA:EIRL) saw a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 392 shares, a decline of 51.1% from the April 15th total of 801 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 3,361 shares, the days-to-cover ratio is presently 0.1 days.

iShares MSCI Ireland ETF Price Performance

Shares of iShares MSCI Ireland ETF stock traded down $1.21 during trading on Friday, hitting $72.28. 1,231 shares of the company were exchanged, compared to its average volume of 7,148. The firm has a market capitalization of $68.67 million, a P/E ratio of 12.65 and a beta of 0.96. iShares MSCI Ireland ETF has a 1-year low of $62.95 and a 1-year high of $77.20. The firm’s fifty day moving average price is $71.06 and its 200 day moving average price is $72.12.

Hedge Funds Weigh In On iShares MSCI Ireland ETF

Several institutional investors have recently modified their holdings of the stock. Matthew Goff Investment Advisor LLC acquired a new position in shares of iShares MSCI Ireland ETF during the 1st quarter worth about $30,316,000. Marotta Asset Management grew its position in shares of iShares MSCI Ireland ETF by 2.9% during the 1st quarter. Marotta Asset Management now owns 162,963 shares of the company’s stock worth $11,300,000 after buying an additional 4,627 shares during the period. TD Waterhouse Canada Inc. grew its position in shares of iShares MSCI Ireland ETF by 9.0% during the 4th quarter. TD Waterhouse Canada Inc. now owns 52,115 shares of the company’s stock worth $3,822,000 after buying an additional 4,321 shares during the period. Flow Traders U.S. LLC grew its position in shares of iShares MSCI Ireland ETF by 138.8% during the 3rd quarter. Flow Traders U.S. LLC now owns 27,954 shares of the company’s stock worth $1,886,000 after buying an additional 16,246 shares during the period. Finally, Equitable Holdings Inc. grew its position in shares of iShares MSCI Ireland ETF by 4.3% during the 4th quarter. Equitable Holdings Inc. now owns 19,300 shares of the company’s stock worth $1,419,000 after buying an additional 800 shares during the period.

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.