iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Shares Shorted: Short Interest Up 250.0% in October

iShares Core MSCI Europe ETF (NYSEARCA:IEUR) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 3,163,570 shares, a growth of 250.0% from the September 30th total of 903,837 shares. Approximately 2.5% of the shares of the company are short sold. Based on an average daily volume of 1,775,701 shares, the short-interest ratio is currently 1.8 days.

Hedge Funds Weigh In On iShares Core MSCI Europe ETF

A number of large investors have recently made changes to their positions in the stock. Stonebridge Financial Group LLC bought a new position in shares of iShares Core MSCI Europe ETF in the third quarter worth approximately $28,302,000. Tanager Wealth Management LLP raised its stake in iShares Core MSCI Europe ETF by 17.8% in the third quarter. Tanager Wealth Management LLP now owns 207,312 shares of the company’s stock valued at $15,279,000 after purchasing an additional 31,330 shares in the last quarter. Baird Financial Group Inc. lifted its position in iShares Core MSCI Europe ETF by 11.1% during the second quarter. Baird Financial Group Inc. now owns 160,306 shares of the company’s stock valued at $12,050,000 after purchasing an additional 15,986 shares during the last quarter. Hsbc Holdings PLC lifted its position in iShares Core MSCI Europe ETF by 737.4% during the fourth quarter. Hsbc Holdings PLC now owns 91,177 shares of the company’s stock valued at $6,472,000 after purchasing an additional 80,289 shares during the last quarter. Finally, Assetmark Inc. lifted its position in iShares Core MSCI Europe ETF by 26.7% during the first quarter. Assetmark Inc. now owns 2,380,720 shares of the company’s stock valued at $167,293,000 after purchasing an additional 501,422 shares during the last quarter.

iShares Core MSCI Europe ETF Trading Down 0.6%

Shares of NYSEARCA IEUR traded down $0.47 during midday trading on Friday, hitting $74.38. The company’s stock had a trading volume of 164,490 shares, compared to its average volume of 1,342,221. The firm has a market capitalization of $9.51 billion, a price-to-earnings ratio of 16.78 and a beta of 0.83. The stock has a fifty day moving average price of $75.18 and a 200 day moving average price of $74.60. iShares Core MSCI Europe ETF has a one year low of $66.45 and a one year high of $78.90.

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.