Short Interest in iShares MSCI Ireland ETF (NYSEARCA:EIRL) Expands By 115.6%

iShares MSCI Ireland ETF (NYSEARCA:EIRL) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 845 shares, an increase of 115.6% from the April 30th total of 392 shares. Based on an average daily volume of 2,490 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Trading of iShares MSCI Ireland ETF

Several large investors have recently modified their holdings of EIRL. Matthew Goff Investment Advisor LLC acquired a new stake in shares of iShares MSCI Ireland ETF during the 1st quarter worth approximately $30,316,000. Hilltop Holdings Inc. acquired a new stake in shares of iShares MSCI Ireland ETF during the 4th quarter worth approximately $1,327,000. Flow Traders U.S. LLC grew its position in shares of iShares MSCI Ireland ETF by 138.8% during the 3rd quarter. Flow Traders U.S. LLC now owns 27,954 shares of the company’s stock worth $1,886,000 after buying an additional 16,246 shares during the period. Global Endowment Management LP acquired a new stake in shares of iShares MSCI Ireland ETF during the 4th quarter worth approximately $1,103,000. Finally, Marotta Asset Management grew its position in shares of iShares MSCI Ireland ETF by 2.9% during the 1st quarter. Marotta Asset Management now owns 162,963 shares of the company’s stock worth $11,300,000 after buying an additional 4,627 shares during the period.

iShares MSCI Ireland ETF Stock Up 1.0%

iShares MSCI Ireland ETF stock traded up $0.75 during mid-day trading on Monday, hitting $76.78. 269,407 shares of the stock were exchanged, compared to its average volume of 9,495. iShares MSCI Ireland ETF has a 12 month low of $64.50 and a 12 month high of $79.00. The firm’s fifty day simple moving average is $72.27 and its two-hundred day simple moving average is $72.64. The stock has a market capitalization of $72.94 million, a price-to-earnings ratio of 12.65 and a beta of 0.96.

About iShares MSCI Ireland ETF

The iShares MSCI Ireland ETF (EIRL) is an exchange-traded fund that is based on the MSCI All Ireland Capped index, a market-cap-weighted index of Irish firms. EIRL was launched on May 5, 2010 and is managed by BlackRock.