iShares MSCI Poland ETF (NYSEARCA:EPOL) Sees Large Decrease in Short Interest

iShares MSCI Poland ETF (NYSEARCA:EPOL) was the recipient of a significant decrease in short interest in October. As of October 30th, there was short interest totaling 426,143 shares, a decrease of 73.9% from the October 15th total of 1,635,109 shares. Based on an average daily trading volume, of 236,455 shares, the short-interest ratio is presently 1.8 days. Currently, 1.8% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. CoreCap Advisors LLC purchased a new position in shares of iShares MSCI Poland ETF in the 3rd quarter valued at about $6,230,000. Csenge Advisory Group acquired a new position in iShares MSCI Poland ETF in the 3rd quarter worth about $5,937,000. Point Nemo Capital LLC acquired a new position in iShares MSCI Poland ETF in the 3rd quarter worth about $5,732,000. Banque Pictet & Cie SA purchased a new position in iShares MSCI Poland ETF during the third quarter worth approximately $3,324,000. Finally, Bank of New York Mellon Corp boosted its position in iShares MSCI Poland ETF by 8.3% during the first quarter. Bank of New York Mellon Corp now owns 88,784 shares of the company’s stock worth $3,233,000 after purchasing an additional 6,797 shares in the last quarter.

iShares MSCI Poland ETF Price Performance

EPOL stock traded up $0.19 during midday trading on Friday, hitting $44.13. 556,998 shares of the stock traded hands, compared to its average volume of 506,710. The firm has a market cap of $1.04 billion, a P/E ratio of 12.67 and a beta of 1.03. The stock’s fifty day simple moving average is $44.24 and its 200-day simple moving average is $40.67. iShares MSCI Poland ETF has a 1-year low of $32.51 and a 1-year high of $46.03.

iShares MSCI Poland ETF Company Profile

The iShares MSCI Poland ETF (EPOL) is an exchange-traded fund that is based on the MSCI Poland IMI 25-50 index, a market-cap-weighted index of the broader Polish equity market. EPOL was launched on May 25, 2010 and is managed by BlackRock.