Short Interest in iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Drops By 20.6%

iShares Core MSCI Europe ETF (NYSEARCA:IEUR) was the recipient of a significant drop in short interest in February. As of February 13th, there was short interest totaling 2,912,013 shares, a drop of 20.6% from the January 29th total of 3,668,977 shares. Based on an average daily volume of 1,832,069 shares, the short-interest ratio is currently 1.6 days. Approximately 2.9% of the company’s stock are short sold. Approximately 2.9% of the company’s stock are short sold. Based on an average daily volume of 1,832,069 shares, the short-interest ratio is currently 1.6 days.

iShares Core MSCI Europe ETF Stock Performance

NYSEARCA:IEUR traded up $0.92 during trading hours on Wednesday, reaching $73.60. The company’s stock had a trading volume of 9,746,528 shares, compared to its average volume of 1,767,717. The stock has a 50 day moving average price of $73.91 and a two-hundred day moving average price of $70.37. The company has a market capitalization of $7.40 billion, a P/E ratio of 16.78 and a beta of 0.93. iShares Core MSCI Europe ETF has a 12 month low of $53.17 and a 12 month high of $76.97.

Institutional Investors Weigh In On iShares Core MSCI Europe ETF

Hedge funds have recently made changes to their positions in the stock. First Command Advisory Services Inc. grew its stake in iShares Core MSCI Europe ETF by 21.2% in the fourth quarter. First Command Advisory Services Inc. now owns 842 shares of the company’s stock valued at $60,000 after purchasing an additional 147 shares during the last quarter. Apollon Wealth Management LLC boosted its holdings in shares of iShares Core MSCI Europe ETF by 2.0% in the 4th quarter. Apollon Wealth Management LLC now owns 7,484 shares of the company’s stock valued at $531,000 after buying an additional 150 shares in the last quarter. Rothschild Investment LLC boosted its holdings in shares of iShares Core MSCI Europe ETF by 2.0% in the 2nd quarter. Rothschild Investment LLC now owns 7,994 shares of the company’s stock valued at $529,000 after buying an additional 154 shares in the last quarter. SCS Capital Management LLC grew its position in shares of iShares Core MSCI Europe ETF by 1.2% in the 4th quarter. SCS Capital Management LLC now owns 13,130 shares of the company’s stock worth $932,000 after buying an additional 157 shares during the last quarter. Finally, Richardson Financial Services Inc. grew its position in shares of iShares Core MSCI Europe ETF by 0.4% in the 3rd quarter. Richardson Financial Services Inc. now owns 39,942 shares of the company’s stock worth $2,721,000 after buying an additional 160 shares during the last quarter.

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.