iShares Europe ETF (NYSEARCA:IEV) Short Interest Down 65.0% in February

iShares Europe ETF (NYSEARCA:IEV) was the target of a large decrease in short interest in the month of February. As of February 13th, there was short interest totaling 84,360 shares, a decrease of 65.0% from the January 29th total of 241,297 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average trading volume of 310,623 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 310,623 shares, the short-interest ratio is currently 0.3 days. Approximately 0.4% of the company’s shares are short sold.

iShares Europe ETF Stock Performance

iShares Europe ETF stock traded down $0.33 during trading on Friday, reaching $73.90. The company had a trading volume of 285,262 shares, compared to its average volume of 276,212. iShares Europe ETF has a 12-month low of $51.30 and a 12-month high of $74.45. The stock’s 50 day moving average price is $71.29 and its two-hundred day moving average price is $67.72. The firm has a market capitalization of $1.77 billion, a price-to-earnings ratio of 16.48 and a beta of 0.91.

Institutional Trading of iShares Europe ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Financial Network Wealth Advisors LLC boosted its holdings in iShares Europe ETF by 173.4% in the fourth quarter. Financial Network Wealth Advisors LLC now owns 391 shares of the company’s stock valued at $27,000 after acquiring an additional 248 shares during the last quarter. Aberdeen Wealth Management LLC purchased a new position in shares of iShares Europe ETF in the 2nd quarter worth about $25,000. Heartwood Wealth Advisors LLC purchased a new position in shares of iShares Europe ETF in the 3rd quarter worth about $29,000. Qube Research & Technologies Ltd lifted its stake in shares of iShares Europe ETF by 434.9% in the 3rd quarter. Qube Research & Technologies Ltd now owns 444 shares of the company’s stock valued at $29,000 after purchasing an additional 361 shares in the last quarter. Finally, American National Bank & Trust purchased a new stake in shares of iShares Europe ETF during the 3rd quarter worth about $32,000.

About iShares Europe ETF

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.