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

iShares MSCI Ireland ETF (NYSEARCA:EIRLGet Free Report) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 9,739 shares, an increase of 632.3% from the May 31st total of 1,330 shares. Approximately 1.0% of the company’s shares are sold short. Based on an average daily volume of 33,029 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC acquired a new stake in iShares MSCI Ireland ETF during the fourth quarter worth about $30,000. Raymond James Financial Inc. acquired a new position in shares of iShares MSCI Ireland ETF in the 2nd quarter valued at about $145,000. Idaho Trust Co grew its holdings in shares of iShares MSCI Ireland ETF by 9.3% during 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 period. Wealthfront Advisers LLC grew its holdings in shares of iShares MSCI Ireland ETF by 5.0% during the 1st 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. Finally, UBS Group AG grew its holdings in shares of iShares MSCI Ireland ETF by 47.6% during 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 period.

iShares MSCI Ireland ETF Stock Up 0.9%

Shares of EIRL opened at $78.21 on Friday. The firm has a market cap of $74.30 million, a PE ratio of 12.65 and a beta of 0.95. The company’s fifty day moving average is $75.05 and its two-hundred day moving average is $73.45. iShares MSCI Ireland ETF has a fifty-two week low of $64.70 and a fifty-two week high of $79.00.

About iShares MSCI Ireland ETF

(Get Free Report)

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.

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