iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Sees Significant Increase in Short Interest

iShares Core MSCI Europe ETF (NYSEARCA:IEUR) was the target of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 640,250 shares, a growth of 72.8% from the April 15th total of 370,524 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average daily volume of 842,398 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Trading of iShares Core MSCI Europe ETF

Several institutional investors have recently added to or reduced their stakes in the company. Osbon Capital Management LLC bought a new stake in shares of iShares Core MSCI Europe ETF during the 4th quarter valued at $26,000. HHM Wealth Advisors LLC bought a new stake in shares of iShares Core MSCI Europe ETF during the 4th quarter valued at $27,000. International Assets Investment Management LLC bought a new stake in shares of iShares Core MSCI Europe ETF during the 4th quarter valued at $28,000. Franklin Resources Inc. bought a new stake in shares of iShares Core MSCI Europe ETF during the 2nd quarter valued at $27,000. Finally, JFS Wealth Advisors LLC bought a new stake in shares of iShares Core MSCI Europe ETF during the 4th quarter valued at $37,000.

iShares Core MSCI Europe ETF Price Performance

IEUR opened at $73.77 on Wednesday. The business has a fifty day simple moving average of $72.56 and a 200 day simple moving average of $72.09. The company has a market capitalization of $8.65 billion, a PE ratio of 16.78 and a beta of 0.84. iShares Core MSCI Europe ETF has a 1 year low of $63.38 and a 1 year high of $76.97.

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.