Short Interest in iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Declines By 24.6%

iShares Core MSCI Europe ETF (NYSEARCA:IEUR) saw a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 1,197,433 shares, a drop of 24.6% from the November 30th total of 1,588,425 shares. Approximately 1.2% of the shares of the company are short sold. Based on an average daily volume of 641,699 shares, the short-interest ratio is currently 1.9 days. Based on an average daily volume of 641,699 shares, the short-interest ratio is currently 1.9 days. Approximately 1.2% of the shares of the company are short sold.

Institutional Trading of iShares Core MSCI Europe ETF

A number of hedge funds have recently modified their holdings of the company. Rothschild Investment LLC increased its position in shares of iShares Core MSCI Europe ETF by 2.0% during the second quarter. Rothschild Investment LLC now owns 7,994 shares of the company’s stock valued at $529,000 after purchasing an additional 154 shares during the period. Richardson Financial Services Inc. boosted its stake in iShares Core MSCI Europe ETF by 0.4% during the third 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 in the last quarter. TRU Independence Asset Management 2 LLC boosted its stake in iShares Core MSCI Europe ETF by 0.6% during the third quarter. TRU Independence Asset Management 2 LLC now owns 26,093 shares of the company’s stock worth $1,777,000 after buying an additional 167 shares in the last quarter. Financial Sense Advisors Inc. increased its holdings in iShares Core MSCI Europe ETF by 5.7% in the 3rd quarter. Financial Sense Advisors Inc. now owns 3,238 shares of the company’s stock valued at $221,000 after buying an additional 176 shares during the period. Finally, Fortis Capital Advisors LLC raised its stake in shares of iShares Core MSCI Europe ETF by 2.9% in the 3rd quarter. Fortis Capital Advisors LLC now owns 6,933 shares of the company’s stock valued at $472,000 after buying an additional 193 shares in the last quarter.

iShares Core MSCI Europe ETF Stock Performance

Shares of IEUR traded up $0.27 during trading hours on Tuesday, reaching $71.25. 625,332 shares of the company traded hands, compared to its average volume of 962,050. The stock’s fifty day moving average is $69.38 and its 200 day moving average is $67.71. iShares Core MSCI Europe ETF has a 1-year low of $53.17 and a 1-year high of $71.50. The stock has a market cap of $6.98 billion, a P/E ratio of 16.78 and a beta of 0.93.

About iShares Core MSCI Europe ETF

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.