iShares MSCI Europe Financials ETF (NASDAQ:EUFN) Short Interest Update

iShares MSCI Europe Financials ETF (NASDAQ:EUFN) saw a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 589,811 shares, an increase of 85.9% from the January 15th total of 317,300 shares. Based on an average trading volume of 1,222,857 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.5% of the company’s shares are short sold. Currently, 0.5% of the company’s shares are short sold. Based on an average trading volume of 1,222,857 shares, the days-to-cover ratio is presently 0.5 days.

iShares MSCI Europe Financials ETF Stock Performance

iShares MSCI Europe Financials ETF stock traded down $0.56 during trading on Friday, reaching $36.61. The company had a trading volume of 1,449,302 shares, compared to its average volume of 1,637,385. iShares MSCI Europe Financials ETF has a 12-month low of $24.45 and a 12-month high of $38.99. The stock’s 50 day moving average price is $37.25 and its two-hundred day moving average price is $35.04. The firm has a market capitalization of $4.67 billion, a price-to-earnings ratio of 11.10 and a beta of 0.94.

iShares MSCI Europe Financials ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were issued a $0.5156 dividend. This represents a dividend yield of 286.0%. The ex-dividend date was Tuesday, December 16th.

Institutional Trading of iShares MSCI Europe Financials ETF

Institutional investors have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares MSCI Europe Financials ETF by 67,377.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,040,525 shares of the company’s stock worth $112,773,000 after buying an additional 3,036,019 shares during the period. Assetmark Inc. purchased a new position in iShares MSCI Europe Financials ETF in the 2nd quarter worth approximately $82,084,000. 1607 Capital Partners LLC grew its position in iShares MSCI Europe Financials ETF by 493.5% in the third quarter. 1607 Capital Partners LLC now owns 2,883,631 shares of the company’s stock valued at $99,024,000 after acquiring an additional 2,397,747 shares in the last quarter. Schroder Investment Management Group purchased a new stake in shares of iShares MSCI Europe Financials ETF during the second quarter valued at approximately $60,333,000. Finally, Victory Capital Management Inc. purchased a new stake in shares of iShares MSCI Europe Financials ETF during the third quarter valued at approximately $40,132,000.

About iShares MSCI Europe Financials ETF

iShares MSCI Europe Financials ETF, formerly iShares MSCI Europe Financials Sector Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI Europe Financials Index (the Index). The Index is a free float-adjusted market capitalization weighted index designed to measure the combined equity market performance of the financials sector of developed market countries in Europe. Component securities include those of banks, diversified financial companies, insurance companies and real estate companies.