iShares Europe ETF (NYSEARCA:IEV) Short Interest Update

iShares Europe ETF (NYSEARCA:IEV) saw a significant increase in short interest in January. As of January 30th, there was short interest totaling 241,297 shares, an increase of 383.2% from the January 15th total of 49,937 shares. Based on an average daily volume of 310,713 shares, the days-to-cover ratio is presently 0.8 days. Currently, 1.0% of the shares of the company are sold short. Currently, 1.0% of the shares of the company are sold short. Based on an average daily volume of 310,713 shares, the days-to-cover ratio is presently 0.8 days.

Hedge Funds Weigh In On iShares Europe ETF

Several large investors have recently made changes to their positions in IEV. Aberdeen Wealth Management LLC bought a new stake in iShares Europe ETF in the 2nd quarter valued at $25,000. Heartwood Wealth Advisors LLC acquired a new stake in iShares Europe ETF during the third quarter worth about $29,000. Qube Research & Technologies Ltd increased its stake in shares of iShares Europe ETF by 434.9% in the 3rd quarter. Qube Research & Technologies Ltd now owns 444 shares of the company’s stock valued at $29,000 after purchasing an additional 361 shares during the last quarter. American National Bank & Trust acquired a new position in iShares Europe ETF during the 3rd quarter worth approximately $32,000. Finally, Allworth Financial LP boosted its holdings in shares of iShares Europe ETF by 51.8% during the 3rd quarter. Allworth Financial LP now owns 560 shares of the company’s stock valued at $37,000 after acquiring an additional 191 shares in the last quarter.

iShares Europe ETF Stock Up 0.2%

Shares of NYSEARCA IEV traded up $0.17 during mid-day trading on Friday, hitting $72.81. 187,724 shares of the company traded hands, compared to its average volume of 291,761. iShares Europe ETF has a 1 year low of $51.30 and a 1 year high of $73.46. The stock has a market capitalization of $1.75 billion, a price-to-earnings ratio of 16.48 and a beta of 0.91. The business has a 50 day moving average of $70.02 and a two-hundred day moving average of $66.85.

iShares Europe ETF Company Profile

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.