Short Interest in iShares MSCI Ireland ETF (NYSEARCA:EIRL) Expands By 115.6%

iShares MSCI Ireland ETF (NYSEARCA:EIRL) saw a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 845 shares, an increase of 115.6% from the April 30th total of 392 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 2,490 shares, the days-to-cover ratio is presently 0.3 days.

Hedge Funds Weigh In On iShares MSCI Ireland ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Matthew Goff Investment Advisor LLC bought a new position in iShares MSCI Ireland ETF during the first quarter worth about $30,316,000. Marotta Asset Management increased its holdings in shares of iShares MSCI Ireland ETF by 2.9% in the first 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 last quarter. TD Waterhouse Canada Inc. increased its holdings in shares of iShares MSCI Ireland ETF by 9.0% in the fourth 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 last quarter. Flow Traders U.S. LLC increased its holdings in shares of iShares MSCI Ireland ETF by 138.8% in the third 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 last quarter. Finally, Equitable Holdings Inc. increased its holdings in shares of iShares MSCI Ireland ETF by 4.3% in the fourth 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 last quarter.

iShares MSCI Ireland ETF Stock Up 0.2%

Shares of NYSEARCA EIRL traded up $0.15 during trading hours on Tuesday, hitting $76.93. The company had a trading volume of 3,058 shares, compared to its average volume of 9,433. iShares MSCI Ireland ETF has a 1-year low of $64.50 and a 1-year high of $79.00. The stock has a market capitalization of $73.08 million, a P/E ratio of 12.65 and a beta of 0.96. The firm’s 50 day moving average is $72.27 and its 200-day moving average is $72.64.

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.