Short Interest in iShares MSCI Peru and Global Exposure ETF (NYSEARCA:EPU) Drops By 38.6%

iShares MSCI Peru and Global Exposure ETF (NYSEARCA:EPU) was the target of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 28,305 shares, a decline of 38.6% from the April 15th total of 46,082 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 57,326 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Investors Weigh In On iShares MSCI Peru and Global Exposure ETF

A number of large investors have recently made changes to their positions in EPU. Innealta Capital LLC bought a new stake in shares of iShares MSCI Peru and Global Exposure ETF during the 3rd quarter valued at about $355,000. City of London Investment Management Co. Ltd. grew its stake in shares of iShares MSCI Peru and Global Exposure ETF by 47.1% during the 3rd quarter. City of London Investment Management Co. Ltd. now owns 20,600 shares of the company’s stock valued at $1,267,000 after purchasing an additional 6,600 shares during the period. Advisory Services Network LLC grew its stake in shares of iShares MSCI Peru and Global Exposure ETF by 263.3% during the 4th quarter. Advisory Services Network LLC now owns 10,035 shares of the company’s stock valued at $726,000 after purchasing an additional 7,273 shares during the period. Trust Co. of Oklahoma bought a new stake in shares of iShares MSCI Peru and Global Exposure ETF during the 1st quarter valued at about $570,000. Finally, Bank of New York Mellon Corp grew its stake in shares of iShares MSCI Peru and Global Exposure ETF by 3.8% during the 1st quarter. Bank of New York Mellon Corp now owns 5,604 shares of the company’s stock valued at $452,000 after purchasing an additional 207 shares during the period.

iShares MSCI Peru and Global Exposure ETF Stock Down 4.6%

Shares of iShares MSCI Peru and Global Exposure ETF stock traded down $3.88 during trading hours on Friday, reaching $80.01. 42,203 shares of the stock traded hands, compared to its average volume of 141,010. The company has a 50 day moving average price of $81.73 and a 200 day moving average price of $77.80. The firm has a market capitalization of $504.06 million, a price-to-earnings ratio of 12.17 and a beta of 0.74. iShares MSCI Peru and Global Exposure ETF has a one year low of $44.10 and a one year high of $95.28.

About iShares MSCI Peru and Global Exposure ETF

The iShares MSCI Peru ETF (EPU) is an exchange-traded fund that is based on the MSCI All Peru Capped index, a market-cap-weighted index of Peruvian firms. EPU was launched on Jun 19, 2009 and is managed by BlackRock.