iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) Sees Significant Decrease in Short Interest

iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) was the recipient of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 24,243 shares, a decrease of 86.6% from the August 15th total of 180,345 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 219,363 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On iShares MSCI Pacific ex Japan ETF

A number of large investors have recently made changes to their positions in EPP. Jones Financial Companies Lllp increased its position in shares of iShares MSCI Pacific ex Japan ETF by 94.6% during the 1st quarter. Jones Financial Companies Lllp now owns 613 shares of the company’s stock valued at $27,000 after purchasing an additional 298 shares during the last quarter. Continuum Advisory LLC purchased a new stake in iShares MSCI Pacific ex Japan ETF during the second quarter valued at approximately $97,000. Montecito Bank & Trust bought a new position in iShares MSCI Pacific ex Japan ETF in the first quarter worth approximately $202,000. Arkadios Wealth Advisors bought a new position in iShares MSCI Pacific ex Japan ETF in the first quarter worth approximately $218,000. Finally, Ferguson Wellman Capital Management Inc. purchased a new position in shares of iShares MSCI Pacific ex Japan ETF during the 1st quarter worth $243,000. 74.75% of the stock is currently owned by institutional investors.

iShares MSCI Pacific ex Japan ETF Stock Performance

Shares of EPP stock traded up $0.29 on Friday, reaching $56.51. The stock had a trading volume of 94,197 shares, compared to its average volume of 400,851. The stock has a market cap of $2.22 billion, a P/E ratio of 18.02 and a beta of 0.78. iShares MSCI Pacific ex Japan ETF has a 1 year low of $48.93 and a 1 year high of $58.56. The company has a 50 day simple moving average of $56.52 and a 200 day simple moving average of $55.29.

iShares MSCI Pacific ex Japan ETF Company Profile

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.