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 June. As of June 30th, there was short interest totaling 1,902,862 shares, a growth of 584.7% from the June 15th total of 277,924 shares. Approximately 1.7% of the shares of the stock are sold short. Based on an average trading volume of 1,532,284 shares, the days-to-cover ratio is presently 1.2 days.

iShares Core MSCI Europe ETF Trading Up 0.2%

Shares of IEUR stock traded up $0.13 on Friday, reaching $75.13. The company’s stock had a trading volume of 292,425 shares, compared to its average volume of 1,495,758. The stock’s fifty day simple moving average is $75.03 and its 200-day simple moving average is $73.69. iShares Core MSCI Europe ETF has a 1 year low of $63.71 and a 1 year high of $76.97. The company has a market capitalization of $8.66 billion, a price-to-earnings ratio of 16.78 and a beta of 0.84.

Hedge Funds Weigh In On iShares Core MSCI Europe ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Osbon Capital Management LLC bought a new stake in shares of iShares Core MSCI Europe ETF in the 4th quarter worth about $26,000. HHM Wealth Advisors LLC bought a new position in shares of iShares Core MSCI Europe ETF in the 4th quarter valued at about $27,000. International Assets Investment Management LLC bought a new position in shares of iShares Core MSCI Europe ETF in the 4th quarter valued at about $28,000. Franklin Resources Inc. bought a new stake in iShares Core MSCI Europe ETF during the second quarter worth approximately $27,000. Finally, JFS Wealth Advisors LLC bought a new stake in iShares Core MSCI Europe ETF during the fourth quarter worth approximately $37,000.

iShares Core MSCI Europe ETF Company Profile

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.