iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Short Interest Up 584.7% in June

by · The Cerbat Gem

iShares Core MSCI Europe ETF (NYSEARCA:IEUR – Get Free Report) was the recipient of a large increase in short interest in June. As of June 30th, there was short interest totaling 1,902,862 shares, an increase of 584.7% from the June 15th total of 277,924 shares. Based on an average daily trading volume, of 1,532,284 shares, the days-to-cover ratio is presently 1.2 days. Currently, 1.7% of the shares of the company are short sold.

iShares Core MSCI Europe ETF Price Performance

Shares of IEUR traded down $0.56 during trading hours on Monday, hitting $74.57. The company’s stock had a trading volume of 162,589 shares, compared to its average volume of 1,485,504. The business has a 50 day simple moving average of $75.03 and a two-hundred day simple moving average of $73.71. iShares Core MSCI Europe ETF has a 52-week low of $63.71 and a 52-week high of $76.97. The company has a market cap of $8.60 billion, a price-to-earnings ratio of 16.78 and a beta of 0.84.

Institutional Investors Weigh In On iShares Core MSCI Europe ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of IEUR. Osbon Capital Management LLC bought a new stake in shares of iShares Core MSCI Europe ETF during the 4th quarter valued at about $26,000. HHM Wealth Advisors LLC bought a new position in shares of iShares Core MSCI Europe ETF in the 4th quarter worth $27,000. Franklin Resources Inc. purchased a new stake in shares of iShares Core MSCI Europe ETF during the 2nd quarter valued at $27,000. International Assets Investment Management LLC purchased a new position in iShares Core MSCI Europe ETF in the fourth quarter worth $28,000. Finally, JFS Wealth Advisors LLC purchased a new stake in iShares Core MSCI Europe ETF during the fourth quarter valued at about $37,000.

About iShares Core MSCI Europe ETF

(Get Free Report)

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.

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