iShares Europe ETF (NYSEARCA:IEV) Short Interest Down 18.4% in December

by · The Cerbat Gem

iShares Europe ETF (NYSEARCA:IEV – Get Free Report) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 90,117 shares, a decrease of 18.4% from the November 30th total of 110,436 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily volume of 137,073 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily volume of 137,073 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.4% of the shares of the company are sold short.

iShares Europe ETF Price Performance

Shares of NYSEARCA IEV traded down $0.27 during mid-day trading on Wednesday, reaching $68.60. 79,055 shares of the company’s stock were exchanged, compared to its average volume of 374,058. The firm has a market capitalization of $1.63 billion, a price-to-earnings ratio of 16.48 and a beta of 0.91. The firm has a 50-day moving average price of $67.02 and a two-hundred day moving average price of $65.12. iShares Europe ETF has a 52 week low of $51.30 and a 52 week high of $69.16.

Institutional Investors Weigh In On iShares Europe ETF

A number of hedge funds have recently modified their holdings of the stock. Banque Cantonale Vaudoise increased its position in iShares Europe ETF by 6.9% in the third quarter. Banque Cantonale Vaudoise now owns 2,868 shares of the company’s stock worth $189,000 after buying an additional 185 shares during the last quarter. Allworth Financial LP boosted its position in iShares Europe ETF by 51.8% during the third quarter. Allworth Financial LP now owns 560 shares of the company’s stock worth $37,000 after purchasing an additional 191 shares during the period. Carret Asset Management LLC raised its position in shares of iShares Europe ETF by 5.6% in the second quarter. Carret Asset Management LLC now owns 3,739 shares of the company’s stock valued at $236,000 after purchasing an additional 199 shares during the period. Strategic Blueprint LLC grew its stake in iShares Europe ETF by 1.0% in the 2nd quarter. Strategic Blueprint LLC now owns 20,744 shares of the company’s stock valued at $1,312,000 after buying an additional 202 shares in the last quarter. Finally, Balance Wealth LLC lifted its position in shares of iShares Europe ETF by 2.0% during the second quarter. Balance Wealth LLC now owns 11,466 shares of the company’s stock worth $725,000 after acquiring an additional 230 shares in the last quarter.

iShares Europe ETF Company Profile

(Get Free Report)

iShares Europe ETF (the Fund), formerly iShares S&P Europe 350 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Europe 350 (the Index). The Index measures the performance of the stocks of companies in the countries, which includes Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom.

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