iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Sees Large Drop in Short Interest

iShares Core MSCI Europe ETF (NYSEARCA:IEUR) was the target of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 313,505 shares, a decrease of 38.1% from the May 14th total of 506,641 shares. Based on an average trading volume of 1,478,461 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.3% of the shares of the stock are short sold.

Institutional Trading of iShares Core MSCI Europe ETF

Several institutional investors and hedge funds have recently made changes to their positions in the stock. First Command Advisory Services Inc. lifted its position in shares of iShares Core MSCI Europe ETF by 21.2% in the fourth quarter. First Command Advisory Services Inc. now owns 842 shares of the company’s stock valued at $60,000 after acquiring an additional 147 shares in the last quarter. Apollon Wealth Management LLC increased its stake in iShares Core MSCI Europe ETF by 2.0% in the fourth quarter. Apollon Wealth Management LLC now owns 7,484 shares of the company’s stock valued at $531,000 after purchasing an additional 150 shares during the last quarter. SCS Capital Management LLC increased its stake in iShares Core MSCI Europe ETF by 1.2% in the fourth quarter. SCS Capital Management LLC now owns 13,130 shares of the company’s stock valued at $932,000 after purchasing an additional 157 shares during the last quarter. Financial Sense Advisors Inc. increased its stake in iShares Core MSCI Europe ETF by 5.7% in the third quarter. Financial Sense Advisors Inc. now owns 3,238 shares of the company’s stock valued at $221,000 after purchasing an additional 176 shares during the last quarter. Finally, Asset Management One Co. Ltd. increased its stake in iShares Core MSCI Europe ETF by 27.8% in the fourth quarter. Asset Management One Co. Ltd. now owns 819 shares of the company’s stock valued at $58,000 after purchasing an additional 178 shares during the last quarter.

iShares Core MSCI Europe ETF Price Performance

Shares of NYSEARCA:IEUR opened at $76.41 on Monday. iShares Core MSCI Europe ETF has a 52-week low of $63.38 and a 52-week high of $76.97. The stock’s fifty day simple moving average is $74.57 and its 200-day simple moving average is $72.99. The company has a market capitalization of $8.96 billion, a P/E ratio of 16.78 and a beta of 0.84.

About iShares Core MSCI Europe ETF

The iShares Core MSCI Europe ETF (IEUR) is an exchange-traded fund that is based on the MSCI Europe IMI index, a market-cap-weighted index of developed European securities. IEUR was launched on Jun 10, 2014 and is managed by BlackRock.