Short Interest in iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS) Drops By 8.0%

iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS) was the target of a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 4,600 shares, a decline of 8.0% from the March 15th total of 5,000 shares. Based on an average trading volume of 5,400 shares, the short-interest ratio is presently 0.9 days.

iShares MSCI Europe Small-Cap ETF Stock Down 0.7 %

Shares of IEUS opened at $54.16 on Wednesday. The stock has a market cap of $111.03 million, a PE ratio of 12.23 and a beta of 1.15. iShares MSCI Europe Small-Cap ETF has a 12-month low of $45.28 and a 12-month high of $57.10. The business has a 50-day simple moving average of $55.33 and a two-hundred day simple moving average of $53.02.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Jane Street Group LLC increased its position in iShares MSCI Europe Small-Cap ETF by 41.4% in the 3rd quarter. Jane Street Group LLC now owns 316,144 shares of the company’s stock valued at $12,927,000 after acquiring an additional 92,610 shares during the period. UBS Group AG increased its holdings in iShares MSCI Europe Small-Cap ETF by 2.4% in the fourth quarter. UBS Group AG now owns 85,490 shares of the company’s stock valued at $4,805,000 after purchasing an additional 1,965 shares during the period. Vontobel Holding Ltd. raised its position in iShares MSCI Europe Small-Cap ETF by 12.5% during the 4th quarter. Vontobel Holding Ltd. now owns 72,223 shares of the company’s stock worth $4,059,000 after purchasing an additional 8,036 shares during the last quarter. Royal Bank of Canada grew its position in shares of iShares MSCI Europe Small-Cap ETF by 132.2% in the 1st quarter. Royal Bank of Canada now owns 66,271 shares of the company’s stock valued at $4,045,000 after buying an additional 37,732 shares during the last quarter. Finally, Mackenzie Financial Corp increased its stake in shares of iShares MSCI Europe Small-Cap ETF by 568.3% in the fourth quarter. Mackenzie Financial Corp now owns 64,755 shares of the company’s stock valued at $3,199,000 after buying an additional 55,065 shares during the period.

About iShares MSCI Europe Small-Cap ETF

The iShares MSCI Europe Small-Cap ETF (IEUS) is an exchange-traded fund that is based on the MSCI Europe Small Cap index, a market-cap-weighted index of companies in developed countries of Europe. IEUS was launched on Nov 12, 2007 and is managed by BlackRock.