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

iShares MSCI Europe Financials ETF (NASDAQ:EUFN) was the target of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 1,535,965 shares, an increase of 78.6% from the June 30th total of 860,098 shares. Based on an average daily trading volume, of 1,384,520 shares, the short-interest ratio is currently 1.1 days. Currently, 1.6% of the shares of the company are sold short.

Hedge Funds Weigh In On iShares MSCI Europe Financials ETF

Large investors have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. boosted its stake in iShares MSCI Europe Financials ETF by 67,377.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,040,525 shares of the company’s stock valued at $112,773,000 after purchasing an additional 3,036,019 shares during the period. Fisher Asset Management LLC increased its position in iShares MSCI Europe Financials ETF by 3.0% during the 4th quarter. Fisher Asset Management LLC now owns 37,017,326 shares of the company’s stock worth $1,372,973,000 after buying an additional 1,084,716 shares during the period. 1607 Capital Partners LLC lifted its holdings in shares of iShares MSCI Europe Financials ETF by 32.0% during the fourth quarter. 1607 Capital Partners LLC now owns 3,805,027 shares of the company’s stock worth $141,128,000 after buying an additional 921,396 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of iShares MSCI Europe Financials ETF by 110.8% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,250,666 shares of the company’s stock worth $46,387,000 after buying an additional 657,466 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of iShares MSCI Europe Financials ETF by 7.3% in the fourth quarter. JPMorgan Chase & Co. now owns 7,269,370 shares of the company’s stock valued at $269,621,000 after acquiring an additional 492,826 shares during the period.

iShares MSCI Europe Financials ETF Stock Down 0.0%

iShares MSCI Europe Financials ETF stock opened at $41.68 on Friday. The stock has a market cap of $4.17 billion, a P/E ratio of 11.10 and a beta of 0.78. iShares MSCI Europe Financials ETF has a twelve month low of $31.44 and a twelve month high of $41.76. The company’s 50-day moving average price is $39.23 and its two-hundred day moving average price is $37.70.

iShares MSCI Europe Financials ETF Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a $1.1368 dividend. The ex-dividend date of this dividend was Monday, June 15th.

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.