Short Interest in iShares MSCI Poland ETF (NYSEARCA:EPOL) Expands By 20.2%

iShares MSCI Poland ETF (NYSEARCA:EPOL) saw a large growth in short interest during the month of March. As of March 31st, there was short interest totaling 681,492 shares, a growth of 20.2% from the March 15th total of 567,150 shares. Currently, 4.2% of the shares of the stock are short sold. Based on an average daily volume of 503,071 shares, the days-to-cover ratio is currently 1.4 days.

iShares MSCI Poland ETF Stock Performance

Shares of iShares MSCI Poland ETF stock traded up $0.71 during midday trading on Friday, hitting $40.64. 688,056 shares of the company traded hands, compared to its average volume of 559,447. The stock has a market cap of $654.30 million, a price-to-earnings ratio of 9.04 and a beta of 1.08. The firm’s fifty day moving average price is $36.98 and its 200-day moving average price is $35.44. iShares MSCI Poland ETF has a 12 month low of $28.33 and a 12 month high of $40.94.

Institutional Investors Weigh In On iShares MSCI Poland ETF

Several hedge funds have recently added to or reduced their stakes in the business. Carnegie Investment Counsel boosted its position in iShares MSCI Poland ETF by 2.4% during the 4th quarter. Carnegie Investment Counsel now owns 12,332 shares of the company’s stock worth $434,000 after buying an additional 289 shares during the period. Blue Trust Inc. boosted its position in iShares MSCI Poland ETF by 7.8% during the 3rd quarter. Blue Trust Inc. now owns 4,207 shares of the company’s stock worth $135,000 after buying an additional 304 shares during the period. Cobblestone Asset Management LLC boosted its position in iShares MSCI Poland ETF by 0.8% during the 4th quarter. Cobblestone Asset Management LLC now owns 40,079 shares of the company’s stock worth $1,410,000 after buying an additional 313 shares during the period. Corient Private Wealth LLC boosted its position in iShares MSCI Poland ETF by 3.1% during the 4th quarter. Corient Private Wealth LLC now owns 11,488 shares of the company’s stock worth $404,000 after buying an additional 347 shares during the period. Finally, KKM Financial LLC boosted its position in iShares MSCI Poland ETF by 3.9% during the 3rd quarter. KKM Financial LLC now owns 12,469 shares of the company’s stock worth $402,000 after buying an additional 464 shares during the period.

About iShares MSCI Poland ETF

The iShares MSCI Poland ETF (EPOL) is an exchange-traded fund that is based on the MSCI Poland IMI 25-50 index, a market-cap-weighted index of the broader Polish equity market. EPOL was launched on May 25, 2010 and is managed by BlackRock.