Short Interest in iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Decreases By 18.1%
by Teresa Graham · The Cerbat GemiShares Core MSCI Europe ETF (NYSEARCA:IEUR – Get Free Report) saw a significant drop in short interest in the month of March. As of March 31st, there was short interest totaling 527,644 shares, a drop of 18.1% from the March 15th total of 643,913 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily volume of 1,997,485 shares, the short-interest ratio is currently 0.3 days.
Institutional Investors Weigh In On iShares Core MSCI Europe ETF
Large investors have recently added to or reduced their stakes in the company. Osbon Capital Management LLC acquired a new stake in iShares Core MSCI Europe ETF during the 4th quarter valued at $26,000. HHM Wealth Advisors LLC acquired a new stake in iShares Core MSCI Europe ETF during the 4th quarter valued at $27,000. International Assets Investment Management LLC acquired a new stake in iShares Core MSCI Europe ETF during the 4th quarter valued at $28,000. Franklin Resources Inc. acquired a new stake in iShares Core MSCI Europe ETF during the 2nd quarter valued at $27,000. Finally, Family Legacy Financial Solutions LLC acquired a new stake in iShares Core MSCI Europe ETF during the 3rd quarter valued at $29,000.
iShares Core MSCI Europe ETF Stock Up 1.5%
Shares of IEUR stock traded up $1.14 during mid-day trading on Friday, reaching $76.00. The company’s stock had a trading volume of 685,253 shares, compared to its average volume of 1,887,075. The company’s 50 day simple moving average is $72.90 and its 200-day simple moving average is $71.29. iShares Core MSCI Europe ETF has a 12-month low of $59.14 and a 12-month high of $76.97. The firm has a market capitalization of $9.02 billion, a PE ratio of 16.78 and a beta of 0.87.
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.