iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) Short Interest Down 35.3% in December
by Sarita Garza · The Markets DailyiShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP – Get Free Report) saw a large drop in short interest in the month of December. As of December 31st, there was short interest totaling 328,108 shares, a drop of 35.3% from the December 15th total of 506,804 shares. Currently, 0.9% of the company’s shares are short sold. Based on an average daily volume of 377,577 shares, the days-to-cover ratio is presently 0.9 days. Based on an average daily volume of 377,577 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.9% of the company’s shares are short sold.
Institutional Trading of iShares MSCI Pacific ex Japan ETF
Several institutional investors have recently added to or reduced their stakes in the business. Jones Financial Companies Lllp lifted its position in iShares MSCI Pacific ex Japan ETF by 94.6% in the 1st quarter. Jones Financial Companies Lllp now owns 613 shares of the company’s stock valued at $27,000 after purchasing an additional 298 shares during the last quarter. IFP Advisors Inc lifted its holdings in shares of iShares MSCI Pacific ex Japan ETF by 130.7% in the third quarter. IFP Advisors Inc now owns 1,336 shares of the company’s stock valued at $69,000 after buying an additional 757 shares during the period. Russell Investments Group Ltd. bought a new position in shares of iShares MSCI Pacific ex Japan ETF during the 3rd quarter valued at about $245,000. SBI Securities Co. Ltd. raised its position in shares of iShares MSCI Pacific ex Japan ETF by 6.2% during the second quarter. SBI Securities Co. Ltd. now owns 6,167 shares of the company’s stock worth $304,000 after purchasing an additional 358 shares during the period. Finally, First Horizon Corp acquired a new position in shares of iShares MSCI Pacific ex Japan ETF in the third quarter worth about $479,000. Institutional investors own 74.75% of the company’s stock.
iShares MSCI Pacific ex Japan ETF Stock Performance
Shares of EPP stock traded down $0.07 during trading hours on Friday, reaching $51.81. The company had a trading volume of 346,856 shares, compared to its average volume of 415,605. The company has a market capitalization of $1.87 billion, a P/E ratio of 18.02 and a beta of 0.85. The stock’s fifty day simple moving average is $50.84 and its 200 day simple moving average is $50.93. iShares MSCI Pacific ex Japan ETF has a twelve month low of $38.44 and a twelve month high of $52.72.
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.