Short Interest in iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS) Decreases By 27.7%

iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS) was the recipient of a significant drop in short interest in the month of March. As of March 31st, there was short interest totaling 20,110 shares, a drop of 27.7% from the March 15th total of 27,814 shares. Based on an average trading volume of 21,570 shares, the short-interest ratio is presently 0.9 days. Currently, 0.7% of the company’s stock are sold short.

Institutional Investors Weigh In On iShares MSCI Europe Small-Cap ETF

A number of hedge funds have recently added to or reduced their stakes in IEUS. Jones Financial Companies Lllp grew its stake in iShares MSCI Europe Small-Cap ETF by 903.3% in the first quarter. Jones Financial Companies Lllp now owns 10,033 shares of the company’s stock valued at $575,000 after acquiring an additional 9,033 shares during the period. Cresset Asset Management LLC acquired a new stake in iShares MSCI Europe Small-Cap ETF in the second quarter valued at approximately $337,000. Cerity Partners LLC acquired a new stake in iShares MSCI Europe Small-Cap ETF in the second quarter valued at approximately $574,000. Raymond James Financial Inc. grew its stake in iShares MSCI Europe Small-Cap ETF by 641.7% in the second quarter. Raymond James Financial Inc. now owns 36,019 shares of the company’s stock valued at $2,418,000 after acquiring an additional 31,163 shares during the period. Finally, Osaic Holdings Inc. boosted its position in shares of iShares MSCI Europe Small-Cap ETF by 19.5% during the second quarter. Osaic Holdings Inc. now owns 1,016 shares of the company’s stock valued at $68,000 after buying an additional 166 shares during the last quarter.

iShares MSCI Europe Small-Cap ETF Stock Performance

iShares MSCI Europe Small-Cap ETF stock traded down $0.07 during mid-day trading on Wednesday, reaching $72.26. The stock had a trading volume of 6,266 shares, compared to its average volume of 23,023. iShares MSCI Europe Small-Cap ETF has a fifty-two week low of $57.35 and a fifty-two week high of $73.87. The stock’s 50-day simple moving average is $69.53 and its 200-day simple moving average is $68.54. The firm has a market capitalization of $195.10 million, a PE ratio of 15.50 and a beta of 1.01.

iShares MSCI Europe Small-Cap ETF Company Profile

The iShares MSCI Europe Small-Cap ETF (IEUS) is an exchange-traded fund that is based on the MSCI Europe Small Cap index, a market-cap-weighted index of companies in developed countries of Europe. IEUS was launched on Nov 12, 2007 and is managed by BlackRock.