Short Interest in iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Increases By 65.4%

iShares Core MSCI Europe ETF (NYSEARCA:IEUR) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 1,701,269 shares, a growth of 65.4% from the December 31st total of 1,028,558 shares. Approximately 1.7% of the shares of the company are sold short. Based on an average daily volume of 1,980,274 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily volume of 1,980,274 shares, the days-to-cover ratio is currently 0.9 days. Approximately 1.7% of the shares of the company are sold short.

Institutional Trading of iShares Core MSCI Europe ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. HHM Wealth Advisors LLC bought a new stake in iShares Core MSCI Europe ETF in the fourth quarter valued at $27,000. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of iShares Core MSCI Europe ETF in the 2nd quarter valued at about $26,000. Franklin Resources Inc. bought a new stake in iShares Core MSCI Europe ETF in the 2nd quarter valued at about $27,000. Family Legacy Financial Solutions LLC acquired a new position in iShares Core MSCI Europe ETF during the 3rd quarter worth approximately $29,000. Finally, Caldwell Trust Co bought a new position in iShares Core MSCI Europe ETF in the second quarter worth approximately $33,000.

iShares Core MSCI Europe ETF Trading Down 0.9%

IEUR stock traded down $0.68 during mid-day trading on Friday, hitting $74.23. The stock had a trading volume of 1,488,365 shares, compared to its average volume of 1,529,023. The firm has a fifty day simple moving average of $71.39 and a 200 day simple moving average of $68.88. The firm has a market capitalization of $7.46 billion, a P/E ratio of 16.78 and a beta of 0.93. iShares Core MSCI Europe ETF has a 52 week low of $53.17 and a 52 week high of $75.61.

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.