iShares MSCI Europe Financials ETF (NASDAQ:EUFN) Short Interest Down 40.5% in February

iShares MSCI Europe Financials ETF (NASDAQ:EUFN) saw a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 351,145 shares, a decrease of 40.5% from the January 29th total of 589,811 shares. Based on an average daily trading volume, of 2,231,869 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.3% of the company’s shares are short sold. Currently, 0.3% of the company’s shares are short sold. Based on an average daily trading volume, of 2,231,869 shares, the days-to-cover ratio is presently 0.2 days.

iShares MSCI Europe Financials ETF Price Performance

NASDAQ:EUFN opened at $37.71 on Friday. iShares MSCI Europe Financials ETF has a one year low of $24.45 and a one year high of $38.99. The company has a market cap of $4.81 billion, a PE ratio of 11.10 and a beta of 0.94. The firm’s 50 day simple moving average is $37.59 and its 200 day simple moving average is $35.42.

iShares MSCI Europe Financials ETF Dividend Announcement

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

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of EUFN. Jones Financial Companies Lllp grew its position in shares of iShares MSCI Europe Financials ETF by 127.2% in the 1st quarter. Jones Financial Companies Lllp now owns 5,567 shares of the company’s stock valued at $159,000 after buying an additional 3,117 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in iShares MSCI Europe Financials ETF by 34.0% in the first quarter. Goldman Sachs Group Inc. now owns 471,152 shares of the company’s stock valued at $13,423,000 after acquiring an additional 119,448 shares during the last quarter. Empowered Funds LLC acquired a new stake in iShares MSCI Europe Financials ETF during the 1st quarter valued at approximately $1,542,000. World Investment Advisors boosted its stake in shares of iShares MSCI Europe Financials ETF by 20.3% in the 2nd quarter. World Investment Advisors now owns 24,300 shares of the company’s stock valued at $769,000 after purchasing an additional 4,107 shares during the last quarter. Finally, Atria Investments Inc acquired a new stake in shares of iShares MSCI Europe Financials ETF during the second quarter worth $235,000.

iShares MSCI Europe Financials ETF Company Profile

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.