iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Short Interest Down 54.6% in August

iShares Core MSCI Europe ETF (NYSEARCA:IEUR) saw a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 242,836 shares, a drop of 54.6% from the August 15th total of 534,672 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 1,547,423 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of iShares Core MSCI Europe ETF

Large investors have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. grew its stake in shares of iShares Core MSCI Europe ETF by 75.4% in the first quarter. Goldman Sachs Group Inc. now owns 82,949 shares of the company’s stock valued at $4,989,000 after buying an additional 35,648 shares in the last quarter. Franklin Resources Inc. purchased a new position in iShares Core MSCI Europe ETF in the 2nd quarter worth approximately $27,000. Amundi boosted its holdings in iShares Core MSCI Europe ETF by 6.6% in the 2nd quarter. Amundi now owns 167,088 shares of the company’s stock worth $11,080,000 after acquiring an additional 10,304 shares during the period. Cerity Partners LLC grew its position in iShares Core MSCI Europe ETF by 50.6% in the second quarter. Cerity Partners LLC now owns 54,971 shares of the company’s stock valued at $3,639,000 after acquiring an additional 18,471 shares in the last quarter. Finally, NewEdge Advisors LLC grew its position in iShares Core MSCI Europe ETF by 2.4% in the second quarter. NewEdge Advisors LLC now owns 23,248 shares of the company’s stock valued at $1,539,000 after acquiring an additional 549 shares in the last quarter.

iShares Core MSCI Europe ETF Price Performance

IEUR stock opened at $76.07 on Monday. The company has a market cap of $8.89 billion, a price-to-earnings ratio of 16.78 and a beta of 0.84. The business has a fifty day simple moving average of $76.72 and a 200-day simple moving average of $74.76. iShares Core MSCI Europe ETF has a 52 week low of $66.42 and a 52 week high of $78.90.

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.