Short Interest in iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Rises By 65.4%

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

Institutional Inflows and Outflows

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

iShares Core MSCI Europe ETF Price Performance

IEUR opened at $74.23 on Monday. The firm has a 50 day simple moving average of $71.39 and a 200 day simple moving average of $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. The company has a market cap of $7.46 billion, a price-to-earnings ratio of 16.78 and a beta of 0.93.

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.