iShares MSCI Chile ETF (BATS:ECH) Shares Shorted: Short Interest Down 64.2% in October

iShares MSCI Chile ETF (BATS:ECH) was the target of a large decrease in short interest in October. As of October 30th, there was short interest totaling 461,109 shares, a decrease of 64.2% from the October 15th total of 1,286,870 shares. Based on an average daily trading volume, of 922,862 shares, the days-to-cover ratio is presently 0.5 days. Approximately 2.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in ECH. Banco Santander S.A. bought a new position in shares of iShares MSCI Chile ETF during the 3rd quarter valued at about $14,728,000. Kapitalo Investimentos Ltda bought a new position in iShares MSCI Chile ETF in the first quarter valued at $6,327,000. Banque Pictet & Cie SA bought a new position in shares of iShares MSCI Chile ETF in the 3rd quarter valued at about $3,781,000. Cullen Capital Management LLC acquired a new position in shares of iShares MSCI Chile ETF during the 2nd quarter worth approximately $3,521,000. Finally, Marshall Wace LLP acquired a new position in iShares MSCI Chile ETF during the third quarter worth $2,224,000.

iShares MSCI Chile ETF Stock Up 0.2%

iShares MSCI Chile ETF stock traded up $0.07 during midday trading on Friday, hitting $35.55. The company’s stock had a trading volume of 133,353 shares, compared to its average volume of 730,911. iShares MSCI Chile ETF has a 12 month low of $34.46 and a 12 month high of $47.85. The stock’s 50-day moving average price is $37.58 and its 200-day moving average price is $40.23. The company has a market capitalization of $806.98 million, a PE ratio of 11.21 and a beta of 0.79.

iShares MSCI Chile ETF Company Profile

iShares MSCI Chile Capped ETF, formerly iShares MSCI Chile Capped Investable Market Index Fund (the Fund), is an exchange-traded fund. The Fund seeks to provide investment results that correspond generally to the price and yield performance of the MSCI Chile Investable Market Index (the Index). The Index is a free float-adjusted market capitalization index that is designed to measure broad based equity market performance in Chile. The Index consists of stocks traded primarily on the Santiago Stock Exchange.