iShares MSCI Europe Financials ETF (NASDAQ:EUFN) Short Interest Up 78.6% in July

iShares MSCI Europe Financials ETF (NASDAQ:EUFN) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totaling 1,535,965 shares, a growth of 78.6% from the June 30th total of 860,098 shares. Approximately 1.6% of the shares of the company are sold short. Based on an average daily volume of 1,384,520 shares, the short-interest ratio is currently 1.1 days.

iShares MSCI Europe Financials ETF Stock Performance

NASDAQ:EUFN traded up $1.31 during mid-day trading on Thursday, reaching $41.61. The stock had a trading volume of 367,722 shares, compared to its average volume of 1,543,481. The firm has a market capitalization of $4.13 billion, a price-to-earnings ratio of 11.10 and a beta of 0.78. iShares MSCI Europe Financials ETF has a twelve month low of $31.44 and a twelve month high of $41.67. The business has a 50 day simple moving average of $39.10 and a 200 day simple moving average of $37.64.

iShares MSCI Europe Financials ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a dividend of $1.1368 per share. The ex-dividend date of this dividend was Monday, June 15th.

Institutional Trading of iShares MSCI Europe Financials ETF

Institutional investors have recently modified their holdings of the business. Cordoba Advisory Partners LLC grew its holdings in iShares MSCI Europe Financials ETF by 24.7% during the second quarter. Cordoba Advisory Partners LLC now owns 13,161 shares of the company’s stock worth $513,000 after acquiring an additional 2,607 shares during the period. Envestnet Portfolio Solutions Inc. acquired a new stake in iShares MSCI Europe Financials ETF in the second quarter valued at $2,167,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in iShares MSCI Europe Financials ETF in the second quarter valued at $370,000. NewEdge Advisors LLC boosted its position in shares of iShares MSCI Europe Financials ETF by 18.0% during the 1st quarter. NewEdge Advisors LLC now owns 15,196 shares of the company’s stock worth $530,000 after purchasing an additional 2,316 shares in the last quarter. Finally, Strait & Sound Wealth Management LLC boosted its position in shares of iShares MSCI Europe Financials ETF by 3.2% during the 1st quarter. Strait & Sound Wealth Management LLC now owns 17,809 shares of the company’s stock worth $621,000 after purchasing an additional 553 shares in the last quarter.

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.