Short Interest in iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Declines By 24.6%

iShares Core MSCI Europe ETF (NYSEARCA:IEUR) was the target of a large decline in short interest in December. As of December 15th, there was short interest totaling 1,197,433 shares, a decline of 24.6% from the November 30th total of 1,588,425 shares. Based on an average trading volume of 641,699 shares, the short-interest ratio is currently 1.9 days. Approximately 1.2% of the shares of the stock are short sold. Approximately 1.2% of the shares of the stock are short sold. Based on an average trading volume of 641,699 shares, the short-interest ratio is currently 1.9 days.

iShares Core MSCI Europe ETF Stock Performance

Shares of NYSEARCA IEUR traded up $0.27 during midday trading on Tuesday, reaching $71.25. 625,332 shares of the company traded hands, compared to its average volume of 962,050. The firm has a market cap of $6.98 billion, a PE ratio of 16.78 and a beta of 0.93. The stock’s 50-day simple moving average is $69.38 and its 200-day simple moving average is $67.71. iShares Core MSCI Europe ETF has a 12 month low of $53.17 and a 12 month high of $71.50.

Institutional Trading of iShares Core MSCI Europe ETF

Several hedge funds have recently modified their holdings of the stock. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of iShares Core MSCI Europe ETF in the second quarter valued at approximately $26,000. Franklin Resources Inc. bought a new position in iShares Core MSCI Europe ETF in the 2nd quarter valued at $27,000. Family Legacy Financial Solutions LLC acquired a new stake in shares of iShares Core MSCI Europe ETF in the 3rd quarter valued at $29,000. Caldwell Trust Co bought a new stake in shares of iShares Core MSCI Europe ETF during the second quarter worth $33,000. Finally, MMA Asset Management LLC acquired a new position in shares of iShares Core MSCI Europe ETF during the third quarter valued at $35,000.

About iShares Core MSCI Europe ETF

The iShares Core MSCI Europe ETF (IEUR) is an exchange-traded fund that is based on the MSCI Europe IMI index, a market-cap-weighted index of developed European securities. IEUR was launched on Jun 10, 2014 and is managed by BlackRock.