Short Interest in iShares MSCI Peru and Global Exposure ETF (NYSEARCA:EPU) Drops By 38.6%

iShares MSCI Peru and Global Exposure ETF (NYSEARCA:EPU) was the recipient of a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 28,305 shares, a decline of 38.6% from the April 15th total of 46,082 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily volume of 57,326 shares, the days-to-cover ratio is presently 0.5 days.

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

Large investors have recently modified their holdings of the stock. Innealta Capital LLC bought a new position in shares of iShares MSCI Peru and Global Exposure ETF during the 3rd quarter valued at approximately $355,000. Bank of New York Mellon Corp increased its position in shares of iShares MSCI Peru and Global Exposure ETF by 3.8% during the 1st quarter. Bank of New York Mellon Corp now owns 5,604 shares of the company’s stock valued at $452,000 after purchasing an additional 207 shares during the last quarter. Trust Co. of Oklahoma bought a new position in shares of iShares MSCI Peru and Global Exposure ETF during the 1st quarter valued at approximately $570,000. Advisory Services Network LLC increased its position in shares of iShares MSCI Peru and Global Exposure ETF by 263.3% during the 4th 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 last quarter. Finally, City of London Investment Management Co. Ltd. increased its position in shares of iShares MSCI Peru and Global Exposure ETF by 47.1% during the 3rd quarter. City of London Investment Management Co. Ltd. now owns 20,600 shares of the company’s stock valued at $1,267,000 after purchasing an additional 6,600 shares during the last quarter.

iShares MSCI Peru and Global Exposure ETF Trading Down 4.6%

Shares of NYSEARCA EPU traded down $3.88 during trading hours on Friday, hitting $80.01. 42,203 shares of the company traded hands, compared to its average volume of 141,010. The stock has a market capitalization of $504.06 million, a price-to-earnings ratio of 12.17 and a beta of 0.74. The company’s 50 day moving average price is $81.73 and its 200 day moving average price is $77.80. iShares MSCI Peru and Global Exposure ETF has a 12 month low of $44.10 and a 12 month high of $95.28.

iShares MSCI Peru and Global Exposure ETF Company Profile

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.