iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Short Interest Down 54.6% in August

iShares Core MSCI Europe ETF (NYSEARCA:IEUR) was the recipient of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 242,836 shares, a decline of 54.6% from the August 15th total of 534,672 shares. Based on an average daily trading volume, of 1,547,423 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Investors Weigh In On iShares Core MSCI Europe ETF

Several institutional investors and hedge funds have recently made changes to their positions in IEUR. Bank of America Corp DE lifted its position in shares of iShares Core MSCI Europe ETF by 95.0% in the 1st quarter. Bank of America Corp DE now owns 7,579,128 shares of the company’s stock worth $532,585,000 after buying an additional 3,691,520 shares during the last quarter. a16z Perennial Management L.P. acquired a new stake in iShares Core MSCI Europe ETF during the fourth quarter worth about $60,559,000. Assetmark Inc. lifted its holdings in iShares Core MSCI Europe ETF by 26.7% in the first quarter. Assetmark Inc. now owns 2,380,720 shares of the company’s stock worth $167,293,000 after acquiring an additional 501,422 shares during the last quarter. MV Capital Management Inc. bought a new position in iShares Core MSCI Europe ETF in the fourth quarter worth about $33,111,000. Finally, Royal Bank of Canada boosted its stake in iShares Core MSCI Europe ETF by 53.7% in the first quarter. Royal Bank of Canada now owns 1,229,530 shares of the company’s stock valued at $86,399,000 after acquiring an additional 429,717 shares during the period.

iShares Core MSCI Europe ETF Price Performance

NYSEARCA:IEUR opened at $76.07 on Monday. The firm has a 50-day moving average of $76.72 and a two-hundred day moving average of $74.76. The stock has a market cap of $8.89 billion, a P/E ratio of 16.78 and a beta of 0.84. iShares Core MSCI Europe ETF has a 1-year low of $66.42 and a 1-year high of $78.90.

iShares Core MSCI Europe ETF Company Profile

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.