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

iShares Core MSCI Europe ETF (NYSEARCA:IEUR – Get Free Report) was the recipient of a large growth in short interest in October. As of October 15th, there was short interest totaling 3,163,570 shares, a growth of 250.0% from the September 30th total of 903,837 shares. Currently, 2.5% of the company’s shares are short sold. Based on an average daily volume of 1,775,701 shares, the days-to-cover ratio is currently 1.8 days.

Institutional Investors Weigh In On iShares Core MSCI Europe ETF

Large investors have recently made changes to their positions in the company. Stonebridge Financial Group LLC bought a new position in iShares Core MSCI Europe ETF during the third quarter valued at approximately $28,302,000. Tanager Wealth Management LLP lifted its stake in iShares Core MSCI Europe ETF by 17.8% in the third quarter. Tanager Wealth Management LLP now owns 207,312 shares of the company’s stock valued at $15,279,000 after acquiring an additional 31,330 shares during the last quarter. Baird Financial Group Inc. grew its position in iShares Core MSCI Europe ETF by 11.1% in the second quarter. Baird Financial Group Inc. now owns 160,306 shares of the company’s stock worth $12,050,000 after acquiring an additional 15,986 shares in the last quarter. Hsbc Holdings PLC grew its position in iShares Core MSCI Europe ETF by 737.4% in the fourth quarter. Hsbc Holdings PLC now owns 91,177 shares of the company’s stock worth $6,472,000 after acquiring an additional 80,289 shares in the last quarter. Finally, Assetmark Inc. increased its stake in shares of iShares Core MSCI Europe ETF by 26.7% during the 1st quarter. Assetmark Inc. now owns 2,380,720 shares of the company’s stock worth $167,293,000 after purchasing an additional 501,422 shares during the last quarter.

iShares Core MSCI Europe ETF Price Performance

NYSEARCA IEUR traded up $0.75 on Thursday, hitting $74.85. 1,184,615 shares of the company were exchanged, compared to its average volume of 1,348,014. iShares Core MSCI Europe ETF has a twelve month low of $66.45 and a twelve month high of $78.90. The firm has a market capitalization of $9.57 billion, a P/E ratio of 16.78 and a beta of 0.83. The company’s 50 day moving average price is $75.24 and its 200-day moving average price is $74.59.

About iShares Core MSCI Europe ETF

(Get Free Report)

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.

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