iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) Shares Shorted: Short Interest Up 229.4% in September

iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 23,781 shares, a growth of 229.4% from the September 15th total of 7,219 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 66,131 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of iShares Core MSCI Pacific ETF

Several hedge funds have recently modified their holdings of the stock. Valley Wealth Managers Inc. acquired a new position in iShares Core MSCI Pacific ETF during the 3rd quarter worth $11,934,000. Atlas Capital Advisors Inc. bought a new position in iShares Core MSCI Pacific ETF in the 4th quarter valued at $1,696,000. Bank OZK bought a new position in iShares Core MSCI Pacific ETF in the 2nd quarter valued at $612,000. Rockefeller Capital Management L.P. increased its stake in shares of iShares Core MSCI Pacific ETF by 460.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 44,200 shares of the company’s stock valued at $3,236,000 after buying an additional 36,315 shares during the period. Finally, Blue Edge Capital LLC increased its stake in shares of iShares Core MSCI Pacific ETF by 13.9% in the 1st quarter. Blue Edge Capital LLC now owns 147,650 shares of the company’s stock valued at $11,297,000 after buying an additional 18,026 shares during the period.

iShares Core MSCI Pacific ETF Stock Performance

Shares of NYSEARCA IPAC traded up $0.62 during trading on Friday, reaching $85.26. The company had a trading volume of 102,574 shares, compared to its average volume of 117,275. iShares Core MSCI Pacific ETF has a 52 week low of $71.46 and a 52 week high of $87.31. The stock has a market cap of $2.76 billion, a PE ratio of 15.73 and a beta of 0.73. The business’s 50 day moving average price is $85.52 and its 200-day moving average price is $82.63.

About iShares Core MSCI Pacific ETF

The iShares Core MSCI Pacific ETF (IPAC) is an exchange-traded fund that is based on the MSCI Pacific IMI index, a market-cap-weighted index of developed Pacific securities. IPAC was launched on Jun 10, 2014 and is managed by BlackRock.