iShares MSCI Ireland ETF (NYSEARCA:EIRL) Short Interest Update

iShares MSCI Ireland ETF (NYSEARCA:EIRL) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 7,656 shares, an increase of 125.6% from the August 31st total of 3,393 shares. Based on an average trading volume of 4,049 shares, the short-interest ratio is currently 1.9 days. Currently, 0.8% of the shares of the stock are short sold.

Hedge Funds Weigh In On iShares MSCI Ireland ETF

Several large investors have recently modified their holdings of EIRL. Wealthfront Advisers LLC lifted its holdings in shares of iShares MSCI Ireland ETF by 5.0% during the first quarter. Wealthfront Advisers LLC now owns 4,694 shares of the company’s stock worth $323,000 after purchasing an additional 224 shares during the period. TD Waterhouse Canada Inc. grew its stake in shares of iShares MSCI Ireland ETF by 6.1% in the second quarter. TD Waterhouse Canada Inc. now owns 61,176 shares of the company’s stock worth $4,810,000 after purchasing an additional 3,498 shares during the last quarter. Marotta Asset Management increased its holdings in iShares MSCI Ireland ETF by 2.9% in the first quarter. Marotta Asset Management now owns 162,963 shares of the company’s stock valued at $11,300,000 after purchasing an additional 4,627 shares during the period. Global Endowment Management LP acquired a new stake in iShares MSCI Ireland ETF in the fourth quarter valued at $1,103,000. Finally, Matthew Goff Investment Advisor LLC acquired a new position in iShares MSCI Ireland ETF during the 1st quarter worth about $30,316,000.

iShares MSCI Ireland ETF Stock Up 0.7%

Shares of NYSEARCA EIRL traded up $0.59 during midday trading on Friday, reaching $82.32. 1,623 shares of the company were exchanged, compared to its average volume of 9,140. The stock’s 50-day moving average price is $82.20 and its 200-day moving average price is $76.98. The stock has a market cap of $78.20 million, a P/E ratio of 12.65 and a beta of 0.95. iShares MSCI Ireland ETF has a one year low of $65.85 and a one year high of $85.56.

About iShares MSCI Ireland ETF

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.