Short Interest in iShares MSCI Europe Financials ETF (NASDAQ:EUFN) Drops By 40.5%

iShares MSCI Europe Financials ETF (NASDAQ:EUFN) saw a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 351,145 shares, a drop of 40.5% from the January 29th total of 589,811 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily trading volume, of 2,231,869 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 2,231,869 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.3% of the company’s shares are short sold.

iShares MSCI Europe Financials ETF Stock Down 1.5%

NASDAQ:EUFN opened at $37.71 on Friday. iShares MSCI Europe Financials ETF has a twelve month low of $24.45 and a twelve month high of $38.99. The company has a fifty day moving average of $37.59 and a 200-day moving average of $35.41. The firm has a market capitalization of $4.81 billion, a P/E ratio of 11.10 and a beta of 0.94.

iShares MSCI Europe Financials ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were issued a dividend of $0.5156 per share. The ex-dividend date was Tuesday, December 16th. This represents a dividend yield of 286.0%.

Institutional Trading of iShares MSCI Europe Financials ETF

Large investors have recently made changes to their positions in the company. Triumph Capital Management acquired a new position in iShares MSCI Europe Financials ETF during the 3rd quarter worth approximately $31,000. Larson Financial Group LLC grew its stake in iShares MSCI Europe Financials ETF by 85.5% in the fourth quarter. Larson Financial Group LLC now owns 855 shares of the company’s stock valued at $32,000 after acquiring an additional 394 shares during the period. Arax Advisory Partners acquired a new stake in iShares MSCI Europe Financials ETF in the fourth quarter valued at approximately $32,000. Avion Wealth bought a new stake in shares of iShares MSCI Europe Financials ETF during the third quarter valued at approximately $34,000. Finally, Guerra Advisors Inc acquired a new position in shares of iShares MSCI Europe Financials ETF during the third quarter worth approximately $36,000.

About iShares MSCI Europe Financials ETF

iShares MSCI Europe Financials ETF, formerly iShares MSCI Europe Financials Sector Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI Europe Financials Index (the Index). The Index is a free float-adjusted market capitalization weighted index designed to measure the combined equity market performance of the financials sector of developed market countries in Europe. Component securities include those of banks, diversified financial companies, insurance companies and real estate companies.