iShares MSCI Europe Financials ETF (NASDAQ:EUFN) Short Interest Up 209.3% in August

iShares MSCI Europe Financials ETF (NASDAQ:EUFN) was the recipient of a large growth in short interest in August. As of August 14th, there was short interest totaling 1,621,805 shares, a growth of 209.3% from the July 30th total of 524,282 shares. Based on an average daily trading volume, of 1,056,483 shares, the days-to-cover ratio is presently 1.5 days. Currently, 1.6% of the company’s stock are sold short.

Institutional Investors Weigh In On iShares MSCI Europe Financials ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Fisher Asset Management LLC grew its position in shares of iShares MSCI Europe Financials ETF by 3.0% during the fourth quarter. Fisher Asset Management LLC now owns 37,017,326 shares of the company’s stock worth $1,372,973,000 after buying an additional 1,084,716 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in iShares MSCI Europe Financials ETF by 7.3% during the 4th quarter. JPMorgan Chase & Co. now owns 7,269,370 shares of the company’s stock valued at $269,621,000 after acquiring an additional 492,826 shares during the last quarter. Morgan Stanley grew its holdings in iShares MSCI Europe Financials ETF by 0.9% during the 4th quarter. Morgan Stanley now owns 5,452,627 shares of the company’s stock worth $202,238,000 after acquiring an additional 46,774 shares in the last quarter. 1607 Capital Partners LLC increased its position in shares of iShares MSCI Europe Financials ETF by 32.0% in the 4th quarter. 1607 Capital Partners LLC now owns 3,805,027 shares of the company’s stock worth $141,128,000 after purchasing an additional 921,396 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares MSCI Europe Financials ETF by 67,377.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,040,525 shares of the company’s stock valued at $112,773,000 after purchasing an additional 3,036,019 shares in the last quarter.

iShares MSCI Europe Financials ETF Stock Up 0.3%

Shares of iShares MSCI Europe Financials ETF stock traded up $0.14 during trading hours on Friday, hitting $42.33. 507,649 shares of the company’s stock traded hands, compared to its average volume of 1,498,916. iShares MSCI Europe Financials ETF has a twelve month low of $32.71 and a twelve month high of $42.79. The company has a market cap of $4.28 billion, a PE ratio of 11.10 and a beta of 0.78. The stock has a 50 day simple moving average of $40.85 and a 200-day simple moving average of $38.32.

iShares MSCI Europe Financials ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a dividend of $1.1368 per share. The ex-dividend date was Monday, June 15th.

iShares MSCI Europe Financials ETF Company Profile

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.