iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Short Interest Update

iShares Core MSCI Europe ETF (NYSEARCA:IEUR) was the recipient of a large growth in short interest during 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. Based on an average daily trading volume, of 842,398 shares, the short-interest ratio is presently 0.8 days. Approximately 0.5% of the shares of the company are short sold.

iShares Core MSCI Europe ETF Price Performance

Shares of NYSEARCA IEUR traded down $0.28 during midday trading on Tuesday, reaching $74.07. The company’s stock had a trading volume of 610,872 shares, compared to its average volume of 1,632,394. iShares Core MSCI Europe ETF has a 12-month low of $63.38 and a 12-month high of $76.97. The firm has a 50 day moving average price of $72.52 and a 200-day moving average price of $72.05. The stock has a market capitalization of $8.68 billion, a P/E ratio of 16.78 and a beta of 0.84.

Hedge Funds Weigh In On iShares Core MSCI Europe ETF

Several institutional investors have recently bought and sold shares of the company. Bank of America Corp DE lifted its stake in iShares Core MSCI Europe ETF by 95.0% in the first quarter. Bank of America Corp DE now owns 7,579,128 shares of the company’s stock valued at $532,585,000 after purchasing an additional 3,691,520 shares during the last quarter. Strategic Investment Advisors MI purchased a new position in iShares Core MSCI Europe ETF in the first quarter valued at approximately $113,000. Ashton Thomas Securities LLC purchased a new position in iShares Core MSCI Europe ETF in the first quarter valued at approximately $474,000. Arkadios Wealth Advisors lifted its stake in iShares Core MSCI Europe ETF by 13.3% in the first quarter. Arkadios Wealth Advisors now owns 22,772 shares of the company’s stock valued at $1,600,000 after purchasing an additional 2,671 shares during the last quarter. Finally, Sunbelt Securities Inc. raised its holdings in iShares Core MSCI Europe ETF by 19.2% during the 1st quarter. Sunbelt Securities Inc. now owns 18,504 shares of the company’s stock valued at $1,300,000 after acquiring an additional 2,974 shares during the period.

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.