iShares MSCI Ireland ETF (NYSEARCA:EIRL) Sees Large Increase in Short Interest

iShares MSCI Ireland ETF (NYSEARCA:EIRL) was the target of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 1,330 shares, an increase of 57.4% from the May 14th total of 845 shares. Based on an average daily volume of 4,924 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company’s stock are short sold.

iShares MSCI Ireland ETF Trading Down 0.6%

EIRL stock opened at $77.17 on Thursday. iShares MSCI Ireland ETF has a 1 year low of $64.50 and a 1 year high of $79.00. The company has a fifty day simple moving average of $74.43 and a 200 day simple moving average of $73.25. The firm has a market cap of $73.31 million, a PE ratio of 12.65 and a beta of 0.95.

Institutional Investors Weigh In On iShares MSCI Ireland ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Allspring Global Investments Holdings LLC acquired a new stake in shares of iShares MSCI Ireland ETF in the 4th quarter valued at $30,000. Raymond James Financial Inc. acquired a new stake in iShares MSCI Ireland ETF in the 2nd quarter worth approximately $145,000. Idaho Trust Co lifted its holdings in iShares MSCI Ireland ETF by 9.3% in the 4th quarter. Idaho Trust Co now owns 3,614 shares of the company’s stock worth $266,000 after purchasing an additional 307 shares during the last quarter. Wealthfront Advisers LLC lifted its holdings in iShares MSCI Ireland ETF by 10.9% in the 3rd quarter. Wealthfront Advisers LLC now owns 4,530 shares of the company’s stock worth $306,000 after purchasing an additional 447 shares during the last quarter. Finally, UBS Group AG lifted its holdings in iShares MSCI Ireland ETF by 47.6% in the 3rd quarter. UBS Group AG now owns 8,612 shares of the company’s stock worth $581,000 after purchasing an additional 2,779 shares during the last quarter.

iShares MSCI Ireland ETF Company Profile

The iShares MSCI Ireland ETF (EIRL) is an exchange-traded fund that is based on the MSCI All Ireland Capped index, a market-cap-weighted index of Irish firms. EIRL was launched on May 5, 2010 and is managed by BlackRock.