iShares MSCI Europe Financials ETF (NASDAQ:EUFN) Sees Large Decline in Short Interest

iShares MSCI Europe Financials ETF (NASDAQ:EUFN) was the target of a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 275,600 shares, a decrease of 9.4% from the January 15th total of 304,100 shares. Based on an average daily volume of 502,200 shares, the short-interest ratio is currently 0.5 days.

Institutional Investors Weigh In On iShares MSCI Europe Financials ETF

Institutional investors have recently modified their holdings of the company. Park Avenue Securities LLC acquired a new position in iShares MSCI Europe Financials ETF in the fourth quarter valued at $732,000. FMR LLC raised its position in shares of iShares MSCI Europe Financials ETF by 11.6% in the 3rd quarter. FMR LLC now owns 49,039 shares of the company’s stock worth $1,213,000 after acquiring an additional 5,104 shares in the last quarter. HighTower Advisors LLC lifted its stake in shares of iShares MSCI Europe Financials ETF by 3.0% in the 3rd quarter. HighTower Advisors LLC now owns 105,769 shares of the company’s stock valued at $2,613,000 after purchasing an additional 3,050 shares during the period. JPMorgan Chase & Co. boosted its position in shares of iShares MSCI Europe Financials ETF by 1.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 10,390,657 shares of the company’s stock valued at $256,961,000 after purchasing an additional 109,153 shares in the last quarter. Finally, International Assets Investment Management LLC boosted its position in shares of iShares MSCI Europe Financials ETF by 2,373.1% during the 3rd quarter. International Assets Investment Management LLC now owns 11,129 shares of the company’s stock valued at $275,000 after purchasing an additional 10,679 shares in the last quarter.

iShares MSCI Europe Financials ETF Trading Up 0.4 %

NASDAQ:EUFN traded up $0.10 during trading hours on Monday, hitting $26.51. 357,798 shares of the company were exchanged, compared to its average volume of 569,187. The stock has a market capitalization of $2.09 billion, a price-to-earnings ratio of 11.90 and a beta of 1.07. iShares MSCI Europe Financials ETF has a one year low of $20.37 and a one year high of $26.62. The company has a fifty day simple moving average of $24.37 and a 200 day simple moving average of $24.02.

iShares MSCI Europe Financials ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a dividend of $0.4752 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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.