Short Interest in iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) Declines By 66.0%

iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) was the recipient of a large decline in short interest during the month of March. As of March 31st, there was short interest totaling 95,259 shares, a decline of 66.0% from the March 15th total of 280,428 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 621,266 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of iShares MSCI Pacific ex Japan ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Jones Financial Companies Lllp raised its holdings 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 buying an additional 298 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in iShares MSCI Pacific ex Japan ETF in the 4th quarter valued at about $43,000. IFP Advisors Inc raised its holdings in iShares MSCI Pacific ex Japan ETF by 130.7% in the 3rd 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. purchased a new stake in iShares MSCI Pacific ex Japan ETF in the 3rd quarter valued at about $245,000. Finally, SBI Securities Co. Ltd. raised its holdings in iShares MSCI Pacific ex Japan ETF by 4.1% in the 4th quarter. SBI Securities Co. Ltd. now owns 6,009 shares of the company’s stock valued at $303,000 after buying an additional 239 shares during the period. 74.75% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Pacific ex Japan ETF Trading Up 0.2%

Shares of EPP stock opened at $56.22 on Friday. The company’s 50-day moving average price is $54.49 and its 200-day moving average price is $52.42. The stock has a market cap of $2.16 billion, a price-to-earnings ratio of 18.02 and a beta of 0.82. iShares MSCI Pacific ex Japan ETF has a twelve month low of $41.19 and a twelve month high of $57.04.

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.