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

iShares Core MSCI Europe ETF (NYSEARCA:IEUR) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 640,250 shares, a growth of 72.8% from the April 15th total of 370,524 shares. Based on an average trading volume of 842,398 shares, the short-interest ratio is currently 0.8 days. Currently, 0.5% of the company’s shares are sold short.

Institutional Trading of iShares Core MSCI Europe ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Ashford Capital Management Inc. grew its stake in iShares Core MSCI Europe ETF by 7.0% during the first quarter. Ashford Capital Management Inc. now owns 108,972 shares of the company’s stock worth $7,657,000 after purchasing an additional 7,096 shares during the period. Quantinno Capital Management LP grew its stake in iShares Core MSCI Europe ETF by 149.6% during the first quarter. Quantinno Capital Management LP now owns 29,009 shares of the company’s stock worth $2,038,000 after purchasing an additional 17,386 shares during the period. Gateway Wealth Partners LLC acquired a new stake in iShares Core MSCI Europe ETF during the first quarter worth approximately $938,000. Waverly Advisors LLC grew its stake in iShares Core MSCI Europe ETF by 84.4% during the first quarter. Waverly Advisors LLC now owns 66,679 shares of the company’s stock worth $4,686,000 after purchasing an additional 30,520 shares during the period. Finally, Renaissance Technologies LLC acquired a new stake in iShares Core MSCI Europe ETF during the first quarter worth approximately $632,000.

iShares Core MSCI Europe ETF Trading Up 1.2%

IEUR stock traded up $0.87 during trading on Monday, hitting $74.10. The company had a trading volume of 670,438 shares, compared to its average volume of 1,642,825. The business has a 50-day moving average of $72.48 and a 200-day moving average of $72.02. iShares Core MSCI Europe ETF has a one year low of $63.38 and a one year high of $76.97. The stock has a market cap of $8.68 billion, a PE ratio of 16.78 and a beta of 0.84.

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.