iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Sees Large Increase in Short Interest

iShares Core MSCI Europe ETF (NYSEARCA:IEUR) was the recipient of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 3,668,977 shares, a growth of 115.7% from the January 15th total of 1,701,269 shares. Approximately 3.7% of the shares of the company are sold short. Based on an average daily trading volume, of 1,077,861 shares, the days-to-cover ratio is presently 3.4 days. Based on an average daily trading volume, of 1,077,861 shares, the days-to-cover ratio is presently 3.4 days. Approximately 3.7% of the shares of the company are sold short.

iShares Core MSCI Europe ETF Stock Performance

NYSEARCA IEUR traded down $0.62 on Thursday, reaching $75.12. The stock had a trading volume of 836,789 shares, compared to its average volume of 1,655,827. The stock has a market cap of $7.55 billion, a P/E ratio of 16.78 and a beta of 0.93. iShares Core MSCI Europe ETF has a 12-month low of $53.17 and a 12-month high of $76.04. The business’s 50-day moving average price is $72.45 and its 200 day moving average price is $69.39.

Institutional Trading of iShares Core MSCI Europe ETF

A number of large investors have recently bought and sold shares of the business. Laurel Wealth Advisors LLC lifted its position in iShares Core MSCI Europe ETF by 6,520.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 274,466 shares of the company’s stock worth $18,170,000 after acquiring an additional 270,320 shares during the period. Envestnet Portfolio Solutions Inc. increased its holdings in shares of iShares Core MSCI Europe ETF by 25.4% in the third quarter. Envestnet Portfolio Solutions Inc. now owns 91,997 shares of the company’s stock valued at $6,267,000 after purchasing an additional 18,639 shares during the period. Arkansas Financial Group Inc. purchased a new stake in shares of iShares Core MSCI Europe ETF during the third quarter worth approximately $584,000. Arkadios Wealth Advisors raised its stake in shares of iShares Core MSCI Europe ETF by 332.8% during the third quarter. Arkadios Wealth Advisors now owns 17,370 shares of the company’s stock worth $1,183,000 after purchasing an additional 13,357 shares during the last quarter. Finally, Asset Management One Co. Ltd. acquired a new stake in shares of iShares Core MSCI Europe ETF during the second quarter worth $41,000.

About iShares Core MSCI Europe ETF

The iShares Core MSCI Europe ETF (IEUR) is an exchange-traded fund that is based on the MSCI Europe IMI index, a market-cap-weighted index of developed European securities. IEUR was launched on Jun 10, 2014 and is managed by BlackRock.