iShares Europe ETF (NYSEARCA:IEV) Short Interest Up 44.9% in February

iShares Europe ETF (NYSEARCA:IEV) was the recipient of a significant increase in short interest in February. As of February 27th, there was short interest totaling 122,219 shares, an increase of 44.9% from the February 12th total of 84,360 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 212,588 shares, the short-interest ratio is presently 0.6 days. Based on an average daily trading volume, of 212,588 shares, the short-interest ratio is presently 0.6 days. Approximately 0.5% of the company’s shares are sold short.

iShares Europe ETF Stock Down 1.3%

IEV opened at $67.39 on Friday. iShares Europe ETF has a 52-week low of $51.30 and a 52-week high of $74.45. The company has a 50 day moving average of $71.45 and a two-hundred day moving average of $68.05. The company has a market cap of $1.62 billion, a P/E ratio of 16.48 and a beta of 0.91.

Institutional Trading of iShares Europe ETF

Large investors have recently added to or reduced their stakes in the stock. Flow Traders U.S. LLC purchased a new position in shares of iShares Europe ETF in the second quarter valued at $59,097,000. Northwestern Mutual Wealth Management Co. increased its stake in iShares Europe ETF by 3,397.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 789,809 shares of the company’s stock worth $54,181,000 after buying an additional 767,229 shares during the period. Jane Street Group LLC increased its stake in iShares Europe ETF by 121.3% during the 2nd quarter. Jane Street Group LLC now owns 358,224 shares of the company’s stock worth $22,658,000 after buying an additional 196,368 shares during the period. Ameriprise Financial Inc. lifted its holdings in iShares Europe ETF by 1,249.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 130,014 shares of the company’s stock worth $8,238,000 after buying an additional 120,376 shares in the last quarter. Finally, New Wave Wealth Advisors LLC lifted its holdings in iShares Europe ETF by 166.5% in the 3rd quarter. New Wave Wealth Advisors LLC now owns 130,921 shares of the company’s stock worth $8,573,000 after buying an additional 81,801 shares in the last quarter.

iShares Europe ETF Company Profile

iShares Europe ETF (the Fund), formerly iShares S&P Europe 350 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Europe 350 (the Index). The Index measures the performance of the stocks of companies in the countries, which includes Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom.