Short Interest in iShares Europe ETF (NYSEARCA:IEV) Drops By 52.0%

iShares Europe ETF (NYSEARCA:IEV) was the recipient of a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 49,937 shares, a decline of 52.0% from the December 31st total of 104,036 shares. Based on an average daily trading volume, of 264,746 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the company’s shares are sold short. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 264,746 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Spire Wealth Management boosted its holdings in shares of iShares Europe ETF by 3.7% during the 4th quarter. Spire Wealth Management now owns 4,175 shares of the company’s stock valued at $286,000 after buying an additional 150 shares in the last quarter. Institute for Wealth Management LLC. lifted its stake in iShares Europe ETF by 0.4% during the 4th quarter. Institute for Wealth Management LLC. now owns 43,632 shares of the company’s stock valued at $2,993,000 after acquiring an additional 156 shares during the period. Daymark Wealth Partners LLC lifted its position in iShares Europe ETF by 1.0% during the fourth quarter. Daymark Wealth Partners LLC now owns 16,238 shares of the company’s stock valued at $1,114,000 after purchasing an additional 161 shares during the period. Banque Cantonale Vaudoise lifted its holdings in shares of iShares Europe ETF by 6.9% during the 3rd quarter. Banque Cantonale Vaudoise now owns 2,868 shares of the company’s stock valued at $189,000 after buying an additional 185 shares during the period. Finally, Allworth Financial LP boosted its stake in shares of iShares Europe ETF by 51.8% in the 3rd quarter. Allworth Financial LP now owns 560 shares of the company’s stock worth $37,000 after buying an additional 191 shares during the last quarter.

iShares Europe ETF Trading Down 1.3%

Shares of NYSEARCA IEV opened at $71.88 on Thursday. iShares Europe ETF has a 12 month low of $51.30 and a 12 month high of $73.00. The firm has a fifty day simple moving average of $68.68 and a two-hundred day simple moving average of $66.19. The firm has a market capitalization of $1.73 billion, a PE ratio of 16.48 and a beta of 0.91.

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.