iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) Sees Large Decrease in Short Interest

iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 33,225 shares, a decline of 35.1% from the September 30th total of 51,183 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 242,163 shares, the days-to-cover ratio is presently 0.1 days.

iShares MSCI Pacific ex Japan ETF Stock Performance

iShares MSCI Pacific ex Japan ETF stock opened at $55.80 on Monday. The firm has a market capitalization of $2.24 billion, a P/E ratio of 18.02 and a beta of 0.79. The business has a 50-day moving average of $56.01 and a 200-day moving average of $55.12. iShares MSCI Pacific ex Japan ETF has a 1 year low of $48.93 and a 1 year high of $58.56.

Institutional Investors Weigh In On iShares MSCI Pacific ex Japan ETF

Large investors have recently bought and sold shares of the company. Navellier & Associates Inc. acquired a new stake in shares of iShares MSCI Pacific ex Japan ETF during the second quarter worth about $695,000. MassMutual Private Wealth & Trust FSB bought a new stake in iShares MSCI Pacific ex Japan ETF during the 3rd quarter worth approximately $658,000. Financial Management Professionals Inc. bought a new stake in iShares MSCI Pacific ex Japan ETF during the 2nd quarter worth approximately $933,000. Syon Capital LLC raised its holdings in iShares MSCI Pacific ex Japan ETF by 25.8% during the 2nd quarter. Syon Capital LLC now owns 189,423 shares of the company’s stock worth $10,089,000 after buying an additional 38,905 shares during the period. Finally, Hilltop Holdings Inc. acquired a new stake in iShares MSCI Pacific ex Japan ETF during the 1st quarter worth approximately $2,714,000. Institutional investors own 74.75% of the company’s stock.

About iShares MSCI Pacific ex Japan ETF

iShares MSCI Pacific ex Japan ET (the Fund), formerly iShares MSCI Pacific ex-Japan Index Fund, is an exchange-traded fund (ETF). The Fund seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the aggregate in the Australia, Hong Kong, New Zealand and Singapore markets, as measured by the MSCI Pacific ex-Japan Index (the Index). The Fund invests in a representative sample of securities that collectively has an investment profile similar to the underlying index.