iShares MSCI Peru and Global Exposure ETF (NYSEARCA:EPU) Short Interest Up 32.2% in August

iShares MSCI Peru and Global Exposure ETF (NYSEARCA:EPU) was the target of a large increase in short interest during the month of August. As of August 15th, there was short interest totaling 23,800 shares, an increase of 32.2% from the July 31st total of 18,000 shares. Based on an average trading volume of 16,700 shares, the days-to-cover ratio is presently 1.4 days. Based on an average trading volume of 16,700 shares, the days-to-cover ratio is presently 1.4 days.

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

Several institutional investors and hedge funds have recently bought and sold shares of EPU. Advisors Preferred LLC bought a new position in iShares MSCI Peru and Global Exposure ETF during the 1st quarter worth approximately $55,000. Fifth Third Securities Inc. bought a new stake in shares of iShares MSCI Peru and Global Exposure ETF in the 2nd quarter worth approximately $1,408,000. City of London Investment Management Co. Ltd. bought a new stake in shares of iShares MSCI Peru and Global Exposure ETF in the 2nd quarter worth approximately $680,000. Finally, Flow Traders U.S. LLC bought a new stake in shares of iShares MSCI Peru and Global Exposure ETF in the 2nd quarter worth approximately $857,000.

iShares MSCI Peru and Global Exposure ETF Price Performance

EPU opened at $56.45 on Thursday. The stock’s 50 day simple moving average is $51.27 and its 200 day simple moving average is $46.93. iShares MSCI Peru and Global Exposure ETF has a 1 year low of $38.49 and a 1 year high of $56.91. The firm has a market cap of $175.00 million, a price-to-earnings ratio of 12.17 and a beta of 0.90.

About iShares MSCI Peru and Global Exposure ETF

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.