iShares MSCI Ireland ETF (NYSEARCA:EIRL) Short Interest Up 57.4% in May

iShares MSCI Ireland ETF (NYSEARCA:EIRL) was the target of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 1,330 shares, an increase of 57.4% from the May 14th total of 845 shares. Based on an average trading volume of 4,924 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

iShares MSCI Ireland ETF Price Performance

Shares of EIRL stock traded up $0.62 during trading hours on Tuesday, reaching $77.69. The stock had a trading volume of 1,492 shares, compared to its average volume of 9,411. iShares MSCI Ireland ETF has a twelve month low of $64.50 and a twelve month high of $79.00. The firm has a 50-day simple moving average of $74.10 and a 200-day simple moving average of $73.17. The firm has a market capitalization of $73.81 million, a PE ratio of 12.65 and a beta of 0.95.

Institutional Trading of iShares MSCI Ireland ETF

A number of large investors have recently modified their holdings of the company. Sepio Capital LP increased its holdings in shares of iShares MSCI Ireland ETF by 1.0% in the 4th quarter. Sepio Capital LP now owns 17,895 shares of the company’s stock worth $1,315,000 after acquiring an additional 178 shares during the period. Wealthfront Advisers LLC raised its stake in shares of iShares MSCI Ireland ETF by 5.0% during the first quarter. Wealthfront Advisers LLC now owns 4,694 shares of the company’s stock valued at $323,000 after purchasing an additional 224 shares in the last quarter. Idaho Trust Co raised its stake in shares of iShares MSCI Ireland ETF by 9.3% during the fourth quarter. Idaho Trust Co now owns 3,614 shares of the company’s stock valued at $266,000 after purchasing an additional 307 shares in the last quarter. Allspring Global Investments Holdings LLC bought a new stake in shares of iShares MSCI Ireland ETF during the fourth quarter valued at about $30,000. Finally, Equitable Holdings Inc. raised its stake in shares of iShares MSCI Ireland ETF by 4.5% during the third quarter. Equitable Holdings Inc. now owns 18,500 shares of the company’s stock valued at $1,248,000 after purchasing an additional 800 shares in the last quarter.

About iShares MSCI Ireland ETF

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.