iShares Europe ETF (NYSEARCA:IEV) Sees Significant Decrease in Short Interest

iShares Europe ETF (NYSEARCA:IEV) saw a significant decrease in short interest in February. As of February 13th, there was short interest totaling 84,360 shares, a decrease of 65.0% from the January 29th total of 241,297 shares. Based on an average daily volume of 310,623 shares, the short-interest ratio is presently 0.3 days. Approximately 0.4% of the shares of the stock are sold short. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily volume of 310,623 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Flow Traders U.S. LLC purchased a new position in iShares Europe ETF during the 2nd quarter valued at about $59,097,000. Northwestern Mutual Wealth Management Co. grew its position in iShares Europe ETF by 3,397.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 789,809 shares of the company’s stock valued at $54,181,000 after purchasing an additional 767,229 shares in the last quarter. Barings LLC increased its stake in iShares Europe ETF by 6.0% in the 2nd quarter. Barings LLC now owns 723,437 shares of the company’s stock valued at $45,757,000 after buying an additional 41,244 shares during the period. Bank of America Corp DE lifted its position in iShares Europe ETF by 4.6% in the 3rd quarter. Bank of America Corp DE now owns 472,737 shares of the company’s stock worth $30,955,000 after buying an additional 20,869 shares in the last quarter. Finally, Wells Fargo & Company MN grew its holdings in shares of iShares Europe ETF by 7.2% during the 4th quarter. Wells Fargo & Company MN now owns 462,135 shares of the company’s stock valued at $31,702,000 after acquiring an additional 31,213 shares in the last quarter.

iShares Europe ETF Stock Performance

Shares of NYSEARCA:IEV opened at $74.24 on Thursday. The business’s fifty day moving average price is $71.04 and its two-hundred day moving average price is $67.57. The stock has a market cap of $1.78 billion, a PE ratio of 16.48 and a beta of 0.91. iShares Europe ETF has a one year low of $51.30 and a one year high of $74.41.

About iShares Europe ETF

iShares Europe ETF (the Fund), formerly iShares S&P Europe 350 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Europe 350 (the Index). The Index measures the performance of the stocks of companies in the countries, which includes Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom.