iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Sees Significant Decrease in Short Interest

iShares Core MSCI Europe ETF (NYSEARCA:IEURGet Free Report) was the recipient of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 534,672 shares, a drop of 71.2% from the July 30th total of 1,859,419 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 595,350 shares, the short-interest ratio is presently 0.9 days.

iShares Core MSCI Europe ETF Price Performance

Shares of IEUR stock traded down $0.46 during trading hours on Thursday, hitting $78.04. The stock had a trading volume of 265,103 shares, compared to its average volume of 1,389,037. The stock has a market capitalization of $9.12 billion, a price-to-earnings ratio of 16.78 and a beta of 0.84. iShares Core MSCI Europe ETF has a one year low of $65.51 and a one year high of $78.90. The stock’s 50-day moving average price is $76.15 and its two-hundred day moving average price is $74.63.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of IEUR. Osbon Capital Management LLC bought a new stake in shares of iShares Core MSCI Europe ETF during the fourth quarter worth $26,000. Franklin Resources Inc. bought a new position in iShares Core MSCI Europe ETF in the 2nd quarter worth about $27,000. International Assets Investment Management LLC bought a new position in iShares Core MSCI Europe ETF in the 4th quarter worth about $28,000. Coston McIsaac & Partners purchased a new position in shares of iShares Core MSCI Europe ETF during the fourth quarter worth approximately $38,000. Finally, BOKF NA purchased a new position in shares of iShares Core MSCI Europe ETF during the third quarter worth approximately $55,000.

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.

Further Reading

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