Short Interest in iShares MSCI Peru and Global Exposure ETF (NYSEARCA:EPU) Drops By 38.6%

iShares MSCI Peru and Global Exposure ETF (NYSEARCA:EPU) saw a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 28,305 shares, a decline of 38.6% from the April 15th total of 46,082 shares. Based on an average daily volume of 57,326 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.4% of the company’s stock are sold short.

Institutional Investors Weigh In On iShares MSCI Peru and Global Exposure ETF

Several hedge funds and other institutional investors have recently bought and sold shares of EPU. Innealta Capital LLC increased its holdings in iShares MSCI Peru and Global Exposure ETF by 233.9% during the 1st quarter. Innealta Capital LLC now owns 20,753 shares of the company’s stock worth $1,675,000 after purchasing an additional 14,538 shares during the last quarter. Advisory Services Network LLC increased its holdings in iShares MSCI Peru and Global Exposure ETF by 263.3% during the 4th quarter. Advisory Services Network LLC now owns 10,035 shares of the company’s stock worth $726,000 after purchasing an additional 7,273 shares during the last quarter. Trust Co. of Oklahoma purchased a new stake in iShares MSCI Peru and Global Exposure ETF during the 1st quarter worth approximately $570,000. City of London Investment Management Co. Ltd. grew its position in shares of iShares MSCI Peru and Global Exposure ETF by 47.1% in the 3rd quarter. City of London Investment Management Co. Ltd. now owns 20,600 shares of the company’s stock worth $1,267,000 after acquiring an additional 6,600 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its position in shares of iShares MSCI Peru and Global Exposure ETF by 3.8% in the 1st quarter. Bank of New York Mellon Corp now owns 5,604 shares of the company’s stock worth $452,000 after acquiring an additional 207 shares in the last quarter.

iShares MSCI Peru and Global Exposure ETF Trading Up 0.3%

EPU stock traded up $0.21 during midday trading on Monday, hitting $80.22. 23,398 shares of the company’s stock were exchanged, compared to its average volume of 139,758. iShares MSCI Peru and Global Exposure ETF has a 12-month low of $44.66 and a 12-month high of $95.28. The firm has a 50 day moving average price of $81.64 and a 200-day moving average price of $77.92. The stock has a market capitalization of $505.39 million, a price-to-earnings ratio of 12.17 and a beta of 0.74.

iShares MSCI Peru and Global Exposure ETF Company Profile

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.