iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) Short Interest Up 114.2% in July

iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 55,658 shares, an increase of 114.2% from the July 15th total of 25,986 shares. Based on an average daily trading volume, of 246,489 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Hilltop Holdings Inc. acquired a new stake in iShares MSCI Pacific ex Japan ETF during the first quarter worth approximately $2,714,000. Financial Management Professionals Inc. bought a new position in shares of iShares MSCI Pacific ex Japan ETF during the 2nd quarter worth approximately $933,000. Navellier & Associates Inc. acquired a new stake in shares of iShares MSCI Pacific ex Japan ETF during the 4th quarter worth approximately $834,000. Rathbones Group PLC grew its position in shares of iShares MSCI Pacific ex Japan ETF by 6.9% during the 1st quarter. Rathbones Group PLC now owns 119,865 shares of the company’s stock worth $6,370,000 after buying an additional 7,767 shares during the period. Finally, Syon Capital LLC increased its stake in shares of iShares MSCI Pacific ex Japan ETF by 4.2% in the 4th quarter. Syon Capital LLC now owns 149,318 shares of the company’s stock valued at $7,536,000 after acquiring an additional 5,998 shares in the last quarter. 74.75% of the stock is owned by institutional investors.

iShares MSCI Pacific ex Japan ETF Price Performance

NYSEARCA EPP traded down $0.07 during mid-day trading on Friday, reaching $57.05. 130,791 shares of the stock were exchanged, compared to its average volume of 426,539. The stock has a market cap of $2.24 billion, a P/E ratio of 18.02 and a beta of 0.78. iShares MSCI Pacific ex Japan ETF has a one year low of $48.93 and a one year high of $58.12. The stock has a 50 day simple moving average of $54.96 and a 200-day simple moving average of $54.90.

About iShares MSCI Pacific ex Japan ETF

iShares MSCI Pacific ex Japan ET (the Fund), formerly iShares MSCI Pacific ex-Japan Index Fund, is an exchange-traded fund (ETF). The Fund seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the aggregate in the Australia, Hong Kong, New Zealand and Singapore markets, as measured by the MSCI Pacific ex-Japan Index (the Index). The Fund invests in a representative sample of securities that collectively has an investment profile similar to the underlying index.