iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) Short Interest Up 1,296.9% in February

iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) was the target of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 469,399 shares, an increase of 1,296.9% from the January 29th total of 33,603 shares. Based on an average daily volume of 114,940 shares, the short-interest ratio is presently 4.1 days. Currently, 1.6% of the company’s shares are short sold. Currently, 1.6% of the company’s shares are short sold. Based on an average daily volume of 114,940 shares, the short-interest ratio is presently 4.1 days.

Institutional Trading of iShares Core MSCI Pacific ETF

Large investors have recently modified their holdings of the company. Trust Co. of Vermont purchased a new position in iShares Core MSCI Pacific ETF during the 3rd quarter worth $36,000. Coston McIsaac & Partners bought a new position in shares of iShares Core MSCI Pacific ETF during the 4th quarter worth $37,000. AE Wealth Management LLC increased its stake in shares of iShares Core MSCI Pacific ETF by 216.7% during the second quarter. AE Wealth Management LLC now owns 570 shares of the company’s stock valued at $39,000 after buying an additional 390 shares during the period. Activest Wealth Management purchased a new position in shares of iShares Core MSCI Pacific ETF during the fourth quarter valued at $44,000. Finally, MassMutual Private Wealth & Trust FSB bought a new stake in shares of iShares Core MSCI Pacific ETF in the third quarter valued at about $57,000.

iShares Core MSCI Pacific ETF Trading Up 1.2%

Shares of IPAC traded up $0.96 during trading hours on Wednesday, reaching $83.39. 176,389 shares of the company traded hands, compared to its average volume of 122,394. The firm has a market cap of $2.50 billion, a price-to-earnings ratio of 15.73 and a beta of 0.72. iShares Core MSCI Pacific ETF has a 12-month low of $54.90 and a 12-month high of $83.98. The stock’s fifty day moving average price is $77.35 and its 200 day moving average price is $75.05.

About iShares Core MSCI Pacific ETF

The iShares Core MSCI Pacific ETF (IPAC) is an exchange-traded fund that is based on the MSCI Pacific IMI index, a market-cap-weighted index of developed Pacific securities. IPAC was launched on Jun 10, 2014 and is managed by BlackRock.