iShares MSCI Europe Financials ETF (NASDAQ:EUFN) Short Interest Update

iShares MSCI Europe Financials ETF (NASDAQ:EUFN) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 614,768 shares, an increase of 84.7% from the November 30th total of 332,760 shares. Based on an average trading volume of 964,542 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.5% of the company’s shares are sold short. Currently, 0.5% of the company’s shares are sold short. Based on an average trading volume of 964,542 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Investors Weigh In On iShares MSCI Europe Financials ETF

Several institutional investors have recently added to or reduced their stakes in the company. Assetmark Inc. purchased a new position in shares of iShares MSCI Europe Financials ETF in the second quarter valued at about $82,084,000. 1607 Capital Partners LLC boosted its holdings in shares of iShares MSCI Europe Financials ETF by 493.5% during the third quarter. 1607 Capital Partners LLC now owns 2,883,631 shares of the company’s stock worth $99,024,000 after purchasing an additional 2,397,747 shares during the period. Schroder Investment Management Group bought a new stake in shares of iShares MSCI Europe Financials ETF in the second quarter worth about $60,333,000. Victory Capital Management Inc. purchased a new position in iShares MSCI Europe Financials ETF during the 3rd quarter valued at about $40,132,000. Finally, Bensler LLC purchased a new position in iShares MSCI Europe Financials ETF during the 2nd quarter valued at about $21,269,000.

iShares MSCI Europe Financials ETF Stock Performance

Shares of EUFN stock opened at $37.05 on Tuesday. iShares MSCI Europe Financials ETF has a fifty-two week low of $22.98 and a fifty-two week high of $37.43. The stock has a 50 day moving average price of $34.93 and a two-hundred day moving average price of $33.67. The company has a market capitalization of $4.82 billion, a P/E ratio of 11.10 and a beta of 0.94.

iShares MSCI Europe Financials ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were issued a dividend of $0.5156 per share. This represents a yield of 286.0%. The ex-dividend date was Tuesday, December 16th.

About iShares MSCI Europe Financials ETF

iShares MSCI Europe Financials ETF, formerly iShares MSCI Europe Financials Sector Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI Europe Financials Index (the Index). The Index is a free float-adjusted market capitalization weighted index designed to measure the combined equity market performance of the financials sector of developed market countries in Europe. Component securities include those of banks, diversified financial companies, insurance companies and real estate companies.