iShares MSCI Peru and Global Exposure ETF (NYSEARCA:EPU) Sees Significant Growth in Short Interest

iShares MSCI Peru and Global Exposure ETF (NYSEARCA:EPU) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 49,330 shares, a growth of 74.3% from the April 30th total of 28,305 shares. Based on an average daily trading volume, of 104,530 shares, the short-interest ratio is presently 0.5 days. Approximately 0.8% of the company’s shares are short sold.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. City of London Investment Management Co. Ltd. raised its stake in shares of iShares MSCI Peru and Global Exposure ETF by 47.1% during the third quarter. City of London Investment Management Co. Ltd. now owns 20,600 shares of the company’s stock valued at $1,267,000 after purchasing an additional 6,600 shares during the period. Advisory Services Network LLC raised its stake in shares of iShares MSCI Peru and Global Exposure ETF by 263.3% during the fourth quarter. Advisory Services Network LLC now owns 10,035 shares of the company’s stock valued at $726,000 after purchasing an additional 7,273 shares during the period. Bank of New York Mellon Corp raised its stake in shares of iShares MSCI Peru and Global Exposure ETF by 3.8% during the first quarter. Bank of New York Mellon Corp now owns 5,604 shares of the company’s stock valued at $452,000 after purchasing an additional 207 shares during the period. Innealta Capital LLC raised its stake in shares of iShares MSCI Peru and Global Exposure ETF by 233.9% during the first quarter. Innealta Capital LLC now owns 20,753 shares of the company’s stock valued at $1,675,000 after purchasing an additional 14,538 shares during the period. Finally, Trust Co. of Oklahoma purchased a new stake in shares of iShares MSCI Peru and Global Exposure ETF during the first quarter valued at approximately $570,000.

iShares MSCI Peru and Global Exposure ETF Price Performance

NYSEARCA EPU traded down $0.35 during mid-day trading on Thursday, hitting $83.61. The company’s stock had a trading volume of 30,732 shares, compared to its average volume of 132,893. iShares MSCI Peru and Global Exposure ETF has a 52-week low of $46.69 and a 52-week high of $95.28. The stock’s fifty day simple moving average is $82.39 and its two-hundred day simple moving average is $79.74. The firm has a market capitalization of $526.74 million, a P/E ratio of 12.17 and a beta of 0.74.

About iShares MSCI Peru and Global Exposure ETF

The iShares MSCI Peru ETF (EPU) is an exchange-traded fund that is based on the MSCI All Peru Capped index, a market-cap-weighted index of Peruvian firms. EPU was launched on Jun 19, 2009 and is managed by BlackRock.