iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) Short Interest Up 224.0% in August

iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) was the target of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 180,345 shares, an increase of 224.0% from the July 30th total of 55,658 shares. Based on an average daily volume of 383,474 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.5% of the shares of the stock are sold short.

iShares MSCI Pacific ex Japan ETF Stock Down 0.3%

Shares of NYSEARCA EPP traded down $0.20 during midday trading on Thursday, hitting $57.78. The company had a trading volume of 84,440 shares, compared to its average volume of 414,156. iShares MSCI Pacific ex Japan ETF has a twelve month low of $48.93 and a twelve month high of $58.56. The business has a 50-day simple moving average of $55.57 and a two-hundred day simple moving average of $55.12. The firm has a market capitalization of $2.27 billion, a price-to-earnings ratio of 18.02 and a beta of 0.78.

Institutional Investors Weigh In On iShares MSCI Pacific ex Japan ETF

Several institutional investors have recently modified their holdings of EPP. Syon Capital LLC grew its holdings in shares of iShares MSCI Pacific ex Japan ETF by 25.8% in the 2nd quarter. Syon Capital LLC now owns 189,423 shares of the company’s stock worth $10,089,000 after acquiring an additional 38,905 shares during the period. Continuum Advisory LLC acquired a new stake in iShares MSCI Pacific ex Japan ETF in the second quarter valued at $97,000. Resolute Advisors LLC grew its holdings in iShares MSCI Pacific ex Japan ETF by 1.5% in the second quarter. Resolute Advisors LLC now owns 21,915 shares of the company’s stock valued at $1,167,000 after purchasing an additional 330 shares during the last quarter. Navellier & Associates Inc. purchased a new position in shares of iShares MSCI Pacific ex Japan ETF in the second quarter valued at $695,000. Finally, Financial Management Professionals Inc. acquired a new position in shares of iShares MSCI Pacific ex Japan ETF during the 2nd quarter worth $933,000. Hedge funds and other 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.