iShares MSCI Peru and Global Exposure ETF (NYSEARCA:EPU) Sees Large Increase in Short Interest

iShares MSCI Peru and Global Exposure ETF (NYSEARCA:EPU) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 71,229 shares, a growth of 254.4% from the July 15th total of 20,097 shares. Approximately 1.1% of the shares of the company are sold short. Based on an average daily trading volume, of 53,647 shares, the days-to-cover ratio is presently 1.3 days.

iShares MSCI Peru and Global Exposure ETF Stock Up 0.7%

EPU traded up $0.61 during trading on Friday, hitting $88.69. 9,182 shares of the stock were exchanged, compared to its average volume of 109,637. iShares MSCI Peru and Global Exposure ETF has a 1-year low of $51.38 and a 1-year high of $95.28. The stock has a fifty day moving average price of $85.67 and a two-hundred day moving average price of $84.85. The firm has a market capitalization of $554.31 million, a P/E ratio of 12.17 and a beta of 0.78.

Hedge Funds Weigh In On iShares MSCI Peru and Global Exposure ETF

A number of institutional investors have recently modified their holdings of EPU. Innealta Capital LLC boosted its stake in iShares MSCI Peru and Global Exposure ETF by 233.9% during the 1st quarter. Innealta Capital LLC now owns 20,753 shares of the company’s stock worth $1,675,000 after purchasing an additional 14,538 shares during the period. Advisory Services Network LLC increased its stake in iShares MSCI Peru and Global Exposure ETF by 263.3% in the fourth quarter. Advisory Services Network LLC now owns 10,035 shares of the company’s stock valued at $726,000 after purchasing an additional 7,273 shares during the period. Trust Co. of Oklahoma acquired a new position in iShares MSCI Peru and Global Exposure ETF in the first quarter valued at $570,000. Finally, Bank of New York Mellon Corp raised its holdings in shares of iShares MSCI Peru and Global Exposure ETF by 3.8% in the first quarter. Bank of New York Mellon Corp now owns 5,604 shares of the company’s stock valued at $452,000 after buying an additional 207 shares during the last quarter.

About iShares MSCI Peru and Global Exposure ETF

The iShares MSCI Peru ETF (EPU) is an exchange-traded fund that is based on the MSCI All Peru Capped index, a market-cap-weighted index of Peruvian firms. EPU was launched on Jun 19, 2009 and is managed by BlackRock.