Short Interest in iShares MSCI Israel ETF (NYSEARCA:EIS) Grows By 46.2%

iShares MSCI Israel ETF (NYSEARCA:EIS) saw a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 106,158 shares, an increase of 46.2% from the January 29th total of 72,604 shares. Based on an average trading volume of 136,734 shares, the short-interest ratio is currently 0.8 days. Approximately 1.6% of the shares of the stock are sold short. Approximately 1.6% of the shares of the stock are sold short. Based on an average trading volume of 136,734 shares, the short-interest ratio is currently 0.8 days.

Institutional Investors Weigh In On iShares MSCI Israel ETF

Large investors have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. grew its position in shares of iShares MSCI Israel ETF by 146,250.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 600,035 shares of the company’s stock valued at $66,022,000 after purchasing an additional 599,625 shares during the last quarter. Korea Investment CORP lifted its stake in iShares MSCI Israel ETF by 130.9% in the 3rd quarter. Korea Investment CORP now owns 410,232 shares of the company’s stock valued at $41,146,000 after buying an additional 232,559 shares in the last quarter. Jane Street Group LLC acquired a new stake in iShares MSCI Israel ETF during the 1st quarter valued at $5,684,000. UBS Group AG grew its holdings in iShares MSCI Israel ETF by 59.9% during the 4th quarter. UBS Group AG now owns 69,281 shares of the company’s stock valued at $7,623,000 after buying an additional 25,954 shares during the last quarter. Finally, Wealth High Governance Capital Ltda purchased a new position in iShares MSCI Israel ETF during the third quarter worth $6,018,000.

iShares MSCI Israel ETF Stock Down 1.0%

Shares of EIS traded down $1.21 on Tuesday, reaching $124.15. The stock had a trading volume of 290,960 shares, compared to its average volume of 162,783. iShares MSCI Israel ETF has a twelve month low of $67.96 and a twelve month high of $126.16. The firm has a market capitalization of $800.77 million, a PE ratio of 13.79 and a beta of 1.03. The firm has a 50-day moving average of $118.41 and a 200 day moving average of $106.76.

iShares MSCI Israel ETF Company Profile

The iShares MSCI Israel ETF (EIS) is an exchange-traded fund that is based on the MSCI Israel Capped index, a market-cap-weighted index of Israeli firms. EIS was launched on Mar 26, 2008 and is managed by BlackRock.