iShares Europe ETF (NYSEARCA:IEV) Sees Large Drop in Short Interest

iShares Europe ETF (NYSEARCA:IEV) was the target of a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 49,937 shares, a decrease of 52.0% from the December 31st total of 104,036 shares. Based on an average trading volume of 264,746 shares, the short-interest ratio is currently 0.2 days. Currently, 0.2% of the shares of the company are short sold. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 264,746 shares, the short-interest ratio is currently 0.2 days.

iShares Europe ETF Trading Down 0.9%

Shares of NYSEARCA:IEV traded down $0.62 on Friday, reaching $71.73. 269,722 shares of the company’s stock were exchanged, compared to its average volume of 287,681. iShares Europe ETF has a twelve month low of $51.30 and a twelve month high of $73.00. The company has a fifty day moving average of $68.98 and a 200-day moving average of $66.29. The company has a market capitalization of $1.72 billion, a price-to-earnings ratio of 16.48 and a beta of 0.91.

Institutional Trading of iShares Europe ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Flow Traders U.S. LLC acquired a new position in shares of iShares Europe ETF during the 2nd quarter valued at $59,097,000. Barings LLC increased its stake in iShares Europe ETF by 6.0% in the second quarter. Barings LLC now owns 723,437 shares of the company’s stock valued at $45,757,000 after purchasing an additional 41,244 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of iShares Europe ETF by 4.6% during the third quarter. Bank of America Corp DE now owns 472,737 shares of the company’s stock valued at $30,955,000 after purchasing an additional 20,869 shares during the period. Checchi Capital Advisers LLC raised its holdings in shares of iShares Europe ETF by 30.6% during the second quarter. Checchi Capital Advisers LLC now owns 401,731 shares of the company’s stock valued at $25,409,000 after purchasing an additional 94,166 shares during the period. Finally, Jane Street Group LLC boosted its position in shares of iShares Europe ETF by 121.3% during the 2nd quarter. Jane Street Group LLC now owns 358,224 shares of the company’s stock worth $22,658,000 after purchasing an additional 196,368 shares in the last quarter.

iShares Europe ETF Company Profile

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.