iShares Europe ETF (NYSEARCA:IEV) Short Interest Up 383.2% in January

iShares Europe ETF (NYSEARCA:IEV) was the recipient of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 241,297 shares, a growth of 383.2% from the January 15th total of 49,937 shares. Approximately 1.0% of the shares of the stock are sold short. Based on an average daily volume of 310,713 shares, the short-interest ratio is presently 0.8 days. Based on an average daily volume of 310,713 shares, the short-interest ratio is presently 0.8 days. Approximately 1.0% of the shares of the stock are sold short.

Institutional Investors Weigh In On iShares Europe ETF

Several hedge funds and other institutional investors have recently bought and sold shares of IEV. Aberdeen Wealth Management LLC acquired a new position in shares of iShares Europe ETF in the 2nd quarter worth approximately $25,000. Heartwood Wealth Advisors LLC acquired a new position in iShares Europe ETF in the third quarter worth approximately $29,000. Qube Research & Technologies Ltd grew its position in iShares Europe ETF by 434.9% in the third quarter. Qube Research & Technologies Ltd now owns 444 shares of the company’s stock worth $29,000 after buying an additional 361 shares during the last quarter. American National Bank & Trust bought a new position in shares of iShares Europe ETF in the third quarter valued at $32,000. Finally, Allworth Financial LP lifted its position in shares of iShares Europe ETF by 51.8% during the 3rd quarter. Allworth Financial LP now owns 560 shares of the company’s stock valued at $37,000 after acquiring an additional 191 shares during the last quarter.

iShares Europe ETF Stock Performance

Shares of IEV stock opened at $72.64 on Friday. iShares Europe ETF has a 1 year low of $51.30 and a 1 year high of $73.46. The business’s fifty day moving average is $70.02 and its 200-day moving average is $66.85. The stock has a market cap of $1.74 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.