iShares MSCI Poland ETF (NYSEARCA:EPOL) Sees Significant Increase in Short Interest

iShares MSCI Poland ETF (NYSEARCA:EPOL) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 1,071,363 shares, an increase of 113.9% from the July 15th total of 500,893 shares. Based on an average daily volume of 413,964 shares, the short-interest ratio is presently 2.6 days. Approximately 6.3% of the shares of the stock are short sold.

Institutional Investors Weigh In On iShares MSCI Poland ETF

Several large investors have recently added to or reduced their stakes in EPOL. State of Tennessee Department of Treasury boosted its position in shares of iShares MSCI Poland ETF by 8.8% during the 2nd quarter. State of Tennessee Department of Treasury now owns 1,646,796 shares of the company’s stock valued at $53,126,000 after acquiring an additional 132,755 shares during the last quarter. Jane Street Group LLC bought a new position in shares of iShares MSCI Poland ETF in the second quarter worth approximately $27,494,000. JPMorgan Chase & Co. increased its position in shares of iShares MSCI Poland ETF by 131.5% in the fourth quarter. JPMorgan Chase & Co. now owns 680,399 shares of the company’s stock worth $23,943,000 after purchasing an additional 386,497 shares during the last quarter. UBS Group AG raised its stake in iShares MSCI Poland ETF by 16.8% in the fourth quarter. UBS Group AG now owns 491,999 shares of the company’s stock valued at $17,313,000 after purchasing an additional 70,686 shares in the last quarter. Finally, Bank of America Corp DE raised its stake in iShares MSCI Poland ETF by 860.9% in the third quarter. Bank of America Corp DE now owns 244,960 shares of the company’s stock valued at $7,888,000 after purchasing an additional 219,467 shares in the last quarter.

iShares MSCI Poland ETF Trading Up 1.1%

Shares of EPOL traded up $0.49 during mid-day trading on Friday, reaching $44.45. 208,590 shares of the stock traded hands, compared to its average volume of 489,878. The company has a market cap of $760.10 million, a price-to-earnings ratio of 9.04 and a beta of 1.03. iShares MSCI Poland ETF has a 1 year low of $30.84 and a 1 year high of $44.75. The firm has a fifty day moving average price of $40.88 and a 200 day moving average price of $39.01.

About iShares MSCI Poland ETF

The iShares MSCI Poland ETF (EPOL) is an exchange-traded fund that is based on the MSCI Poland IMI 25-50 index, a market-cap-weighted index of the broader Polish equity market. EPOL was launched on May 25, 2010 and is managed by BlackRock.