iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Sees Large Growth in Short Interest

iShares Core MSCI Europe ETF (NYSEARCA:IEUR) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 1,701,269 shares, an increase of 65.4% from the December 31st total of 1,028,558 shares. Based on an average daily volume of 1,980,274 shares, the days-to-cover ratio is currently 0.9 days. Approximately 1.7% of the company’s stock are sold short. Approximately 1.7% of the company’s stock are sold short. Based on an average daily volume of 1,980,274 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Trading of iShares Core MSCI Europe ETF

Several institutional investors have recently made changes to their positions in IEUR. HHM Wealth Advisors LLC acquired a new stake in iShares Core MSCI Europe ETF in the 4th quarter valued at $27,000. Twin Peaks Wealth Advisors LLC purchased a new stake in iShares Core MSCI Europe ETF during the second quarter valued at about $26,000. Franklin Resources Inc. bought a new stake in iShares Core MSCI Europe ETF during the 2nd quarter valued at approximately $27,000. Family Legacy Financial Solutions LLC purchased a new stake in shares of iShares Core MSCI Europe ETF during the 3rd quarter valued at about $29,000. Finally, Caldwell Trust Co purchased a new stake in shares of iShares Core MSCI Europe ETF during the second quarter worth about $33,000.

iShares Core MSCI Europe ETF Price Performance

Shares of NYSEARCA:IEUR traded down $0.68 during trading on Friday, reaching $74.23. The company had a trading volume of 1,488,365 shares, compared to its average volume of 1,529,023. The firm has a market capitalization of $7.46 billion, a price-to-earnings ratio of 16.78 and a beta of 0.93. The stock’s fifty day moving average price is $71.39 and its 200 day moving average price is $68.90. iShares Core MSCI Europe ETF has a fifty-two week low of $53.17 and a fifty-two week high of $75.61.

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.