iShares Europe ETF (NYSEARCA:IEV) Short Interest Update

iShares Europe ETF (NYSEARCA:IEV) was the target of a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 51,772 shares, a decrease of 57.6% from the February 26th total of 122,219 shares. Based on an average daily trading volume, of 387,902 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Trading of iShares Europe ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Aberdeen Wealth Management LLC bought a new position in iShares Europe ETF during the 2nd quarter worth $25,000. Financial Network Wealth Advisors LLC raised its stake in iShares Europe ETF by 173.4% during the 4th quarter. Financial Network Wealth Advisors LLC now owns 391 shares of the company’s stock worth $27,000 after buying an additional 248 shares during the period. Heartwood Wealth Advisors LLC acquired a new position in shares of iShares Europe ETF during the third quarter worth approximately $29,000. Qube Research & Technologies Ltd raised its holdings in iShares Europe ETF by 434.9% during the third quarter. Qube Research & Technologies Ltd now owns 444 shares of the company’s stock worth $29,000 after buying an additional 361 shares during the last quarter. Finally, American National Bank & Trust acquired a new stake in shares of iShares Europe ETF in the 3rd quarter worth about $32,000.

iShares Europe ETF Trading Down 1.2%

Shares of NYSEARCA IEV opened at $66.62 on Thursday. The company has a market cap of $1.60 billion, a price-to-earnings ratio of 16.48 and a beta of 0.91. iShares Europe ETF has a 12 month low of $51.30 and a 12 month high of $74.45. The stock has a 50-day moving average price of $70.97 and a two-hundred day moving average price of $68.26.

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.