iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Short Interest Update

iShares Core MSCI Europe ETF (NYSEARCA:IEUR) saw a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 534,672 shares, a decline of 71.2% from the July 30th total of 1,859,419 shares. Based on an average trading volume of 595,350 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.5% of the shares of the stock are sold short.

iShares Core MSCI Europe ETF Stock Down 0.3%

Shares of IEUR traded down $0.25 during trading hours on Friday, reaching $77.86. 1,132,862 shares of the company traded hands, compared to its average volume of 1,391,979. The stock has a market capitalization of $9.10 billion, a PE ratio of 16.78 and a beta of 0.84. iShares Core MSCI Europe ETF has a fifty-two week low of $65.51 and a fifty-two week high of $78.90. The stock has a fifty day simple moving average of $76.28 and a 200 day simple moving average of $74.68.

Institutional Investors Weigh In On iShares Core MSCI Europe ETF

Several hedge funds have recently modified their holdings of the company. Goldman Sachs Group Inc. grew its stake in iShares Core MSCI Europe ETF by 75.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 82,949 shares of the company’s stock worth $4,989,000 after acquiring an additional 35,648 shares during the period. Franklin Resources Inc. acquired a new stake in shares of iShares Core MSCI Europe ETF during the second quarter worth $27,000. Amundi grew its position in shares of iShares Core MSCI Europe ETF by 6.6% in the second quarter. Amundi now owns 167,088 shares of the company’s stock valued at $11,080,000 after purchasing an additional 10,304 shares during the period. Cerity Partners LLC increased its stake in iShares Core MSCI Europe ETF by 50.6% in the second quarter. Cerity Partners LLC now owns 54,971 shares of the company’s stock valued at $3,639,000 after purchasing an additional 18,471 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its position in iShares Core MSCI Europe ETF by 2.4% during the second quarter. NewEdge Advisors LLC now owns 23,248 shares of the company’s stock worth $1,539,000 after buying an additional 549 shares during the period.

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.