iShares Europe ETF (NYSEARCA:IEV) Short Interest Update

iShares Europe ETF (NYSEARCA:IEV) was the target of a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 90,117 shares, a decrease of 18.4% from the November 30th total of 110,436 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average trading volume of 137,073 shares, the short-interest ratio is currently 0.7 days. Based on an average trading volume of 137,073 shares, the short-interest ratio is currently 0.7 days. Currently, 0.4% of the shares of the stock are sold short.

Institutional Trading of iShares Europe ETF

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Aberdeen Wealth Management LLC bought a new stake in iShares Europe ETF during the 2nd quarter valued at $25,000. Heartwood Wealth Advisors LLC bought a new position in shares of iShares Europe ETF during the third quarter valued at about $29,000. Qube Research & Technologies Ltd boosted its holdings in shares of iShares Europe ETF by 434.9% during the third quarter. Qube Research & Technologies Ltd now owns 444 shares of the company’s stock worth $29,000 after purchasing an additional 361 shares during the period. American National Bank & Trust bought a new stake in shares of iShares Europe ETF in the third quarter worth about $32,000. Finally, Allworth Financial LP grew its stake in shares of iShares Europe ETF by 51.8% in the third quarter. Allworth Financial LP now owns 560 shares of the company’s stock worth $37,000 after purchasing an additional 191 shares during the last quarter.

iShares Europe ETF Trading Down 0.4%

Shares of IEV traded down $0.27 during trading hours on Thursday, reaching $68.60. 79,055 shares of the company’s stock traded hands, compared to its average volume of 374,058. iShares Europe ETF has a 12 month low of $51.30 and a 12 month high of $69.16. The stock has a market cap of $1.63 billion, a PE ratio of 16.48 and a beta of 0.91. The firm’s 50 day simple moving average is $67.02 and its 200-day simple moving average is $65.12.

About iShares Europe ETF

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.