iShares MSCI Ireland ETF (NYSEARCA:EIRL) Short Interest Down 88.9% in March
by Teresa Graham · The Cerbat GemiShares MSCI Ireland ETF (NYSEARCA:EIRL – Get Free Report) was the target of a significant decrease in short interest in March. As of March 31st, there was short interest totaling 1,388 shares, a decrease of 88.9% from the March 15th total of 12,511 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 4,551 shares, the days-to-cover ratio is currently 0.3 days.
iShares MSCI Ireland ETF Stock Up 0.1%
EIRL traded up $0.07 during midday trading on Friday, hitting $72.47. The company had a trading volume of 1,876 shares, compared to its average volume of 8,732. iShares MSCI Ireland ETF has a 52 week low of $56.65 and a 52 week high of $77.20. The company has a market capitalization of $68.85 million, a price-to-earnings ratio of 12.65 and a beta of 0.98. The stock’s 50 day moving average price is $71.44 and its 200 day moving average price is $71.16.
Institutional Trading of iShares MSCI Ireland ETF
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Sepio Capital LP raised its stake in iShares MSCI Ireland ETF by 1.0% during the 4th quarter. Sepio Capital LP now owns 17,895 shares of the company’s stock worth $1,315,000 after buying an additional 178 shares during the period. Idaho Trust Co grew its stake in iShares MSCI Ireland ETF by 9.3% in the fourth quarter. Idaho Trust Co now owns 3,614 shares of the company’s stock valued at $266,000 after acquiring an additional 307 shares during the period. Allspring Global Investments Holdings LLC bought a new stake in shares of iShares MSCI Ireland ETF during the fourth quarter valued at approximately $30,000. Wealthfront Advisers LLC increased its holdings in shares of iShares MSCI Ireland ETF by 10.9% during the third quarter. Wealthfront Advisers LLC now owns 4,530 shares of the company’s stock valued at $306,000 after acquiring an additional 447 shares in the last quarter. Finally, Equitable Holdings Inc. raised its position in shares of iShares MSCI Ireland ETF by 4.5% during the third quarter. Equitable Holdings Inc. now owns 18,500 shares of the company’s stock worth $1,248,000 after purchasing an additional 800 shares during the period.
iShares MSCI Ireland ETF Company Profile
The iShares MSCI Ireland ETF (EIRL) is an exchange-traded fund that is based on the MSCI All Ireland Capped index, a market-cap-weighted index of Irish firms. EIRL was launched on May 5, 2010 and is managed by BlackRock.