iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) Sees Significant Increase in Short Interest

iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) was the recipient of a large growth in short interest in July. As of July 31st, there was short interest totaling 55,658 shares, a growth of 114.2% from the July 15th total of 25,986 shares. Based on an average trading volume of 246,489 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

iShares MSCI Pacific ex Japan ETF Stock Performance

Shares of EPP traded down $0.07 on Friday, reaching $57.05. The stock had a trading volume of 130,791 shares, compared to its average volume of 426,539. The firm has a market capitalization of $2.24 billion, a price-to-earnings ratio of 18.02 and a beta of 0.78. The company has a 50-day simple moving average of $54.96 and a 200-day simple moving average of $54.90. iShares MSCI Pacific ex Japan ETF has a 12-month low of $48.93 and a 12-month high of $58.12.

Hedge Funds Weigh In On iShares MSCI Pacific ex Japan ETF

A number of institutional investors have recently added to or reduced their stakes in EPP. Financial Management Professionals Inc. purchased a new stake in shares of iShares MSCI Pacific ex Japan ETF in the 2nd quarter worth about $933,000. Hilltop Holdings Inc. purchased a new position in iShares MSCI Pacific ex Japan ETF during the 1st quarter valued at about $2,714,000. Navellier & Associates Inc. purchased a new position in iShares MSCI Pacific ex Japan ETF during the 4th quarter valued at about $834,000. Rathbones Group PLC boosted its stake in iShares MSCI Pacific ex Japan ETF by 6.9% during the first quarter. Rathbones Group PLC now owns 119,865 shares of the company’s stock worth $6,370,000 after acquiring an additional 7,767 shares in the last quarter. Finally, Arkadios Wealth Advisors bought a new stake in iShares MSCI Pacific ex Japan ETF during the first quarter worth about $218,000. Institutional investors own 74.75% of the company’s stock.

About iShares MSCI Pacific ex Japan ETF

iShares MSCI Pacific ex Japan ET (the Fund), formerly iShares MSCI Pacific ex-Japan Index Fund, is an exchange-traded fund (ETF). The Fund seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the aggregate in the Australia, Hong Kong, New Zealand and Singapore markets, as measured by the MSCI Pacific ex-Japan Index (the Index). The Fund invests in a representative sample of securities that collectively has an investment profile similar to the underlying index.