Short Interest in iShares MSCI Poland ETF (NYSEARCA:EPOL) Drops By 29.3%

by · The Cerbat Gem

iShares MSCI Poland ETF (NYSEARCA:EPOL – Get Free Report) was the target of a large decrease in short interest in March. As of March 13th, there was short interest totaling 567,150 shares, a decrease of 29.3% from the February 26th total of 802,651 shares. Currently, 3.7% of the company’s shares are short sold. Based on an average trading volume of 833,208 shares, the days-to-cover ratio is currently 0.7 days.

Hedge Funds Weigh In On iShares MSCI Poland ETF

A number of large investors have recently made changes to their positions in the business. Jane Street Group LLC purchased a new stake in shares of iShares MSCI Poland ETF in the second quarter worth approximately $27,494,000. JPMorgan Chase & Co. grew 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 in the last quarter. Bank of America Corp DE increased its stake in 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 valued at $7,888,000 after buying an additional 219,467 shares during the period. Quadrature Capital Ltd purchased a new stake in iShares MSCI Poland ETF in the 3rd quarter worth approximately $5,267,000. Finally, CoreCap Advisors LLC purchased a new stake in iShares MSCI Poland ETF in the 3rd quarter worth approximately $4,357,000.

iShares MSCI Poland ETF Price Performance

NYSEARCA EPOL traded up $0.06 on Monday, hitting $34.64. 715,930 shares of the stock were exchanged, compared to its average volume of 597,317. The company’s 50-day moving average price is $36.81 and its two-hundred day moving average price is $34.91. iShares MSCI Poland ETF has a 52-week low of $24.18 and a 52-week high of $38.99. The company has a market capitalization of $533.46 million, a price-to-earnings ratio of 9.04 and a beta of 1.22.

iShares MSCI Poland ETF Company Profile

(Get Free Report)

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.

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