iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) Shares Shorted: Short Interest Down 35.1% in October

iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 33,225 shares, a drop of 35.1% from the September 30th total of 51,183 shares. Based on an average daily trading volume, of 242,163 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Syon Capital LLC boosted its position in iShares MSCI Pacific ex Japan ETF by 25.8% during the 2nd quarter. Syon Capital LLC now owns 189,423 shares of the company’s stock valued at $10,089,000 after buying an additional 38,905 shares during the period. Rathbones Group PLC raised its holdings in shares of iShares MSCI Pacific ex Japan ETF by 6.9% during the first quarter. Rathbones Group PLC now owns 119,865 shares of the company’s stock valued at $6,370,000 after acquiring an additional 7,767 shares in the last quarter. Hilltop Holdings Inc. purchased a new stake in shares of iShares MSCI Pacific ex Japan ETF in the 1st quarter worth about $2,714,000. Bank of New York Mellon Corp grew its holdings in shares of iShares MSCI Pacific ex Japan ETF by 3.3% during the 1st quarter. Bank of New York Mellon Corp now owns 23,590 shares of the company’s stock worth $1,254,000 after acquiring an additional 747 shares during the period. Finally, Resolute Advisors LLC lifted its stake in shares of iShares MSCI Pacific ex Japan ETF by 1.5% in the 2nd quarter. Resolute Advisors LLC now owns 21,915 shares of the company’s stock valued at $1,167,000 after purchasing an additional 330 shares during the period. Institutional investors own 74.75% of the company’s stock.

iShares MSCI Pacific ex Japan ETF Stock Down 0.6%

Shares of NYSEARCA EPP traded down $0.34 during midday trading on Tuesday, reaching $55.20. The company had a trading volume of 250,768 shares, compared to its average volume of 367,643. The stock has a market cap of $2.22 billion, a PE ratio of 18.02 and a beta of 0.79. iShares MSCI Pacific ex Japan ETF has a one year low of $48.93 and a one year high of $58.56. The firm’s fifty day moving average price is $55.96 and its 200-day moving average price is $55.15.

iShares MSCI Pacific ex Japan ETF Company Profile

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.