iShares MSCI Ireland ETF (NYSEARCA:EIRL) Sees Large Decrease in Short Interest

iShares MSCI Ireland ETF (NYSEARCA:EIRL) was the target of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 392 shares, a decline of 51.1% from the April 15th total of 801 shares. Based on an average daily volume of 3,361 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

iShares MSCI Ireland ETF Stock Down 1.6%

Shares of EIRL traded down $1.21 on Friday, hitting $72.28. The company’s stock had a trading volume of 1,231 shares, compared to its average volume of 7,148. The firm’s fifty day moving average price is $71.06 and its 200-day moving average price is $72.12. iShares MSCI Ireland ETF has a fifty-two week low of $62.95 and a fifty-two week high of $77.20. The firm has a market capitalization of $68.67 million, a price-to-earnings ratio of 12.65 and a beta of 0.96.

Hedge Funds Weigh In On iShares MSCI Ireland ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Matthew Goff Investment Advisor LLC acquired a new position in shares of iShares MSCI Ireland ETF in the 1st quarter valued at approximately $30,316,000. Marotta Asset Management grew its position in shares of iShares MSCI Ireland ETF by 2.9% in the 1st quarter. Marotta Asset Management now owns 162,963 shares of the company’s stock valued at $11,300,000 after purchasing an additional 4,627 shares during the period. TD Waterhouse Canada Inc. grew its position in shares of iShares MSCI Ireland ETF by 9.0% in the 4th quarter. TD Waterhouse Canada Inc. now owns 52,115 shares of the company’s stock valued at $3,822,000 after purchasing an additional 4,321 shares during the period. Flow Traders U.S. LLC grew its position in shares of iShares MSCI Ireland ETF by 138.8% in the 3rd quarter. Flow Traders U.S. LLC now owns 27,954 shares of the company’s stock valued at $1,886,000 after purchasing an additional 16,246 shares during the period. Finally, Equitable Holdings Inc. grew its position in shares of iShares MSCI Ireland ETF by 4.3% in the 4th quarter. Equitable Holdings Inc. now owns 19,300 shares of the company’s stock valued at $1,419,000 after purchasing an additional 800 shares during the period.

iShares MSCI Ireland ETF Company Profile

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.