iShares MSCI Israel ETF (NYSEARCA:EIS) Short Interest Update

by · The Cerbat Gem

iShares MSCI Israel ETF (NYSEARCA:EIS – Get Free Report) saw a significant drop in short interest in January. As of January 15th, there was short interest totaling 64,054 shares, a drop of 17.8% from the December 31st total of 77,929 shares. Currently, 1.1% of the company’s stock are sold short. Based on an average trading volume of 128,292 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 128,292 shares, the days-to-cover ratio is currently 0.5 days. Currently, 1.1% of the company’s stock are sold short.

Institutional Investors Weigh In On iShares MSCI Israel ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EIS. Ameritas Advisory Services LLC acquired a new stake in iShares MSCI Israel ETF in the 3rd quarter valued at approximately $25,000. Princeton Global Asset Management LLC boosted its position in shares of iShares MSCI Israel ETF by 49.8% in the third quarter. Princeton Global Asset Management LLC now owns 301 shares of the company’s stock valued at $30,000 after acquiring an additional 100 shares during the period. Triumph Capital Management acquired a new stake in shares of iShares MSCI Israel ETF in the third quarter worth $37,000. AlphaCore Capital LLC bought a new position in iShares MSCI Israel ETF during the third quarter worth $40,000. Finally, Cloud Capital Management LLC bought a new position in iShares MSCI Israel ETF during the third quarter worth $52,000.

iShares MSCI Israel ETF Stock Down 0.6%

iShares MSCI Israel ETF stock traded down $0.73 during trading hours on Wednesday, hitting $120.78. 65,996 shares of the company traded hands, compared to its average volume of 140,561. The firm’s 50-day simple moving average is $113.22 and its two-hundred day simple moving average is $102.78. The firm has a market cap of $779.00 million, a P/E ratio of 13.79 and a beta of 1.03. iShares MSCI Israel ETF has a 1-year low of $67.96 and a 1-year high of $122.99.

About iShares MSCI Israel ETF

(Get Free Report)

The iShares MSCI Israel ETF (EIS) is an exchange-traded fund that is based on the MSCI Israel Capped index, a market-cap-weighted index of Israeli firms. EIS was launched on Mar 26, 2008 and is managed by BlackRock.

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