iShares Europe ETF (NYSEARCA:IEV) Short Interest Update

iShares Europe ETF (NYSEARCA:IEV) saw a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 84,360 shares, a decline 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. Currently, 0.4% of the shares of the company are sold short. Currently, 0.4% of the shares of the company are sold short. Based on an average daily volume of 310,623 shares, the short-interest ratio is presently 0.3 days.

iShares Europe ETF Stock Down 0.4%

IEV traded down $0.33 on Friday, hitting $73.90. The company’s stock had a trading volume of 285,262 shares, compared to its average volume of 276,212. iShares Europe ETF has a 12 month low of $51.30 and a 12 month high of $74.45. The firm has a market cap of $1.77 billion, a P/E ratio of 16.48 and a beta of 0.91. The company’s 50 day simple moving average is $71.17 and its 200-day simple moving average is $67.62.

Hedge Funds Weigh In On iShares Europe ETF

Several hedge funds have recently made changes to their positions in IEV. Dorsey Wright & Associates lifted its holdings in iShares Europe ETF by 1.4% during the 4th quarter. Dorsey Wright & Associates now owns 44,397 shares of the company’s stock worth $3,046,000 after purchasing an additional 619 shares in the last quarter. First Growth Capital LLC bought a new stake in shares of iShares Europe ETF during the fourth quarter valued at about $1,042,000. Corient Private Wealth LLC increased its position in shares of iShares Europe ETF by 1.2% during the fourth quarter. Corient Private Wealth LLC now owns 37,776 shares of the company’s stock valued at $2,592,000 after buying an additional 439 shares during the period. Jacobs Equity LLC purchased a new stake in shares of iShares Europe ETF in the fourth quarter worth about $481,000. Finally, High Falls Advisors Inc boosted its position in shares of iShares Europe ETF by 2.6% in the fourth quarter. High Falls Advisors Inc now owns 13,426 shares of the company’s stock valued at $921,000 after acquiring an additional 336 shares during the period.

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.