Short Interest in iShares MSCI Peru and Global Exposure ETF (NYSEARCA:EPU) Rises By 74.3%

iShares MSCI Peru and Global Exposure ETF (NYSEARCA:EPU) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 49,330 shares, an increase of 74.3% from the April 30th total of 28,305 shares. Based on an average trading volume of 104,530 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.8% of the company’s shares are sold short.

Hedge Funds Weigh In On iShares MSCI Peru and Global Exposure ETF

Large investors have recently made changes to their positions in the stock. City of London Investment Management Co. Ltd. lifted its holdings 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 during the last quarter. Advisory Services Network LLC lifted 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 buying an additional 7,273 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in iShares MSCI Peru and Global Exposure ETF by 3.8% during the 1st quarter. Bank of New York Mellon Corp now owns 5,604 shares of the company’s stock worth $452,000 after buying an additional 207 shares in the last quarter. Innealta Capital LLC lifted 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 buying an additional 14,538 shares in the last quarter. Finally, Trust Co. of Oklahoma acquired a new stake in iShares MSCI Peru and Global Exposure ETF during the 1st quarter worth approximately $570,000.

iShares MSCI Peru and Global Exposure ETF Price Performance

Shares of EPU stock traded up $0.30 during trading hours on Tuesday, hitting $86.18. The company had a trading volume of 170,931 shares, compared to its average volume of 134,418. The company’s fifty day moving average is $82.01 and its 200 day moving average is $79.43. iShares MSCI Peru and Global Exposure ETF has a fifty-two week low of $46.69 and a fifty-two week high of $95.28. The stock has a market capitalization of $542.93 million, a PE 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.