Short Interest in iShares MSCI Poland ETF (NYSEARCA:EPOL) Expands By 113.9%

iShares MSCI Poland ETF (NYSEARCA:EPOL) was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totaling 1,071,363 shares, a growth of 113.9% from the July 15th total of 500,893 shares. Based on an average daily trading volume, of 413,964 shares, the days-to-cover ratio is presently 2.6 days. Approximately 6.3% of the shares of the stock are sold short.

iShares MSCI Poland ETF Stock Up 1.1%

NYSEARCA EPOL traded up $0.49 during trading on Friday, hitting $44.45. 208,590 shares of the stock traded hands, compared to its average volume of 489,878. The company has a market capitalization of $760.10 million, a P/E ratio of 9.04 and a beta of 1.03. The firm has a 50-day simple moving average of $40.88 and a 200-day simple moving average of $39.01. iShares MSCI Poland ETF has a 12-month low of $30.84 and a 12-month high of $44.75.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of EPOL. State of Tennessee Department of Treasury increased its position in iShares MSCI Poland ETF by 8.8% in the second quarter. State of Tennessee Department of Treasury now owns 1,646,796 shares of the company’s stock worth $53,126,000 after purchasing an additional 132,755 shares during the last quarter. Jane Street Group LLC bought a new position in iShares MSCI Poland ETF during the second quarter valued at $27,494,000. JPMorgan Chase & Co. lifted its position in iShares MSCI Poland ETF by 131.5% during the fourth quarter. JPMorgan Chase & Co. now owns 680,399 shares of the company’s stock valued at $23,943,000 after purchasing an additional 386,497 shares during the last quarter. UBS Group AG grew its stake in shares of iShares MSCI Poland ETF by 16.8% in the 4th quarter. UBS Group AG now owns 491,999 shares of the company’s stock worth $17,313,000 after buying an additional 70,686 shares in the last quarter. Finally, Bank of America Corp DE grew its stake in shares of iShares MSCI Poland ETF by 860.9% in the 3rd quarter. Bank of America Corp DE now owns 244,960 shares of the company’s stock worth $7,888,000 after buying an additional 219,467 shares in the last quarter.

About iShares MSCI Poland ETF

The iShares MSCI Poland ETF (EPOL) is an exchange-traded fund that is based on the MSCI Poland IMI 25-50 index, a market-cap-weighted index of the broader Polish equity market. EPOL was launched on May 25, 2010 and is managed by BlackRock.