Short Interest in iShares MSCI Peru and Global Exposure ETF (NYSEARCA:EPU) Declines By 59.0%

iShares MSCI Peru and Global Exposure ETF (NYSEARCA:EPU) saw a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 13,942 shares, a decline of 59.0% from the June 15th total of 34,001 shares. Based on an average daily volume of 58,536 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the shares of the company are sold short.

iShares MSCI Peru and Global Exposure ETF Price Performance

Shares of NYSEARCA EPU traded up $1.39 during mid-day trading on Tuesday, hitting $86.60. The company had a trading volume of 16,142 shares, compared to its average volume of 120,809. The business’s 50-day simple moving average is $83.88 and its 200-day simple moving average is $83.42. iShares MSCI Peru and Global Exposure ETF has a 12 month low of $47.67 and a 12 month high of $95.28. The firm has a market cap of $541.25 million, a P/E ratio of 12.17 and a beta of 0.77.

Hedge Funds Weigh In On iShares MSCI Peru and Global Exposure ETF

Large investors have recently added to or reduced their stakes in the company. Innealta Capital LLC grew its holdings in shares of iShares MSCI Peru and Global Exposure ETF by 233.9% during the 1st quarter. Innealta Capital LLC now owns 20,753 shares of the company’s stock worth $1,675,000 after purchasing an additional 14,538 shares in the last quarter. Advisory Services Network LLC raised its stake in shares of iShares MSCI Peru and Global Exposure ETF by 263.3% in the fourth 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 in the last quarter. Trust Co. of Oklahoma bought a new position in iShares MSCI Peru and Global Exposure ETF in the first quarter worth $570,000. Finally, Bank of New York Mellon Corp lifted its position in iShares MSCI Peru and Global Exposure ETF by 3.8% in the first quarter. Bank of New York Mellon Corp now owns 5,604 shares of the company’s stock worth $452,000 after purchasing an additional 207 shares during the period.

iShares MSCI Peru and Global Exposure ETF Company Profile

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.