iShares MSCI Europe Financials ETF (NASDAQ:EUFN) Short Interest Update

iShares MSCI Europe Financials ETF (NASDAQ:EUFN) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totaling 2,170,160 shares, an increase of 13.5% from the March 31st total of 1,912,096 shares. Currently, 2.3% of the company’s shares are short sold. Based on an average daily trading volume, of 1,128,530 shares, the days-to-cover ratio is presently 1.9 days.

Institutional Investors Weigh In On iShares MSCI Europe Financials ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. NewEdge Advisors LLC grew its holdings in iShares MSCI Europe Financials ETF by 2.4% in the fourth quarter. NewEdge Advisors LLC now owns 12,880 shares of the company’s stock valued at $478,000 after purchasing an additional 305 shares during the period. AMJ Financial Wealth Management grew its holdings in iShares MSCI Europe Financials ETF by 4.6% in the fourth quarter. AMJ Financial Wealth Management now owns 7,977 shares of the company’s stock valued at $296,000 after purchasing an additional 352 shares during the period. Transamerica Financial Advisors LLC grew its holdings in iShares MSCI Europe Financials ETF by 1.1% in the second quarter. Transamerica Financial Advisors LLC now owns 35,325 shares of the company’s stock valued at $1,117,000 after purchasing an additional 376 shares during the period. Brookstone Capital Management grew its holdings in iShares MSCI Europe Financials ETF by 5.8% in the third quarter. Brookstone Capital Management now owns 6,970 shares of the company’s stock valued at $239,000 after purchasing an additional 380 shares during the period. Finally, Larson Financial Group LLC grew its holdings 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 purchasing an additional 394 shares during the period.

iShares MSCI Europe Financials ETF Price Performance

Shares of NASDAQ EUFN opened at $37.63 on Friday. The company has a market cap of $3.59 billion, a PE ratio of 11.10 and a beta of 0.79. iShares MSCI Europe Financials ETF has a 12 month low of $30.05 and a 12 month high of $39.23. The company has a 50-day simple moving average of $36.12 and a 200-day simple moving average of $36.01.

iShares MSCI Europe Financials ETF Company Profile

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.