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

iShares Core MSCI Europe ETF (NYSEARCA:IEUR) was the target of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 534,672 shares, a decline of 71.2% from the July 30th total of 1,859,419 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 595,350 shares, the short-interest ratio is presently 0.9 days.

iShares Core MSCI Europe ETF Price Performance

NYSEARCA IEUR traded down $0.25 during mid-day trading on Friday, reaching $77.86. The stock had a trading volume of 1,132,862 shares, compared to its average volume of 1,391,979. The stock has a market cap of $9.10 billion, a PE ratio of 16.78 and a beta of 0.84. iShares Core MSCI Europe ETF has a 1 year low of $65.51 and a 1 year high of $78.90. The company has a fifty day moving average price of $76.28 and a 200 day moving average price of $74.68.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Osbon Capital Management LLC purchased a new stake in shares of iShares Core MSCI Europe ETF during the fourth quarter valued at $26,000. Franklin Resources Inc. purchased a new position in iShares Core MSCI Europe ETF in the 2nd quarter worth about $27,000. International Assets Investment Management LLC purchased a new position in iShares Core MSCI Europe ETF in the 4th quarter worth about $28,000. Coston McIsaac & Partners bought a new position in iShares Core MSCI Europe ETF during the 4th quarter valued at about $38,000. Finally, BOKF NA bought a new position in iShares Core MSCI Europe ETF during the 3rd quarter valued at about $55,000.

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.