iShares MSCI Europe Financials ETF (NASDAQ:EUFN) Short Interest Update

iShares MSCI Europe Financials ETF (NASDAQ:EUFN) saw a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 1,621,805 shares, an increase of 209.3% from the July 30th total of 524,282 shares. Based on an average daily trading volume, of 1,056,483 shares, the short-interest ratio is currently 1.5 days. Currently, 1.6% of the shares of the company are short sold.

iShares MSCI Europe Financials ETF Stock Down 1.1%

Shares of NASDAQ EUFN traded down $0.46 during midday trading on Thursday, hitting $42.15. 326,047 shares of the company’s stock were exchanged, compared to its average volume of 1,504,204. The firm has a market capitalization of $4.26 billion, a PE ratio of 11.10 and a beta of 0.78. iShares MSCI Europe Financials ETF has a 12 month low of $32.71 and a 12 month high of $42.79. The company’s 50 day moving average price is $40.71 and its 200 day moving average price is $38.27.

iShares MSCI Europe Financials ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a dividend of $1.1368 per share. The ex-dividend date of this dividend was Monday, June 15th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. HighTower Advisors LLC grew its position in shares of iShares MSCI Europe Financials ETF by 7.1% in the second quarter. HighTower Advisors LLC now owns 136,156 shares of the company’s stock valued at $5,309,000 after purchasing an additional 9,063 shares during the last quarter. Concurrent Investment Advisors LLC bought a new position in shares of iShares MSCI Europe Financials ETF in the second quarter worth $276,000. Sigma Planning Corp increased its holdings in iShares MSCI Europe Financials ETF by 4.3% in the 2nd quarter. Sigma Planning Corp now owns 8,784 shares of the company’s stock valued at $342,000 after buying an additional 365 shares during the period. Two Sigma Securities LLC acquired a new position in iShares MSCI Europe Financials ETF during the second quarter valued at approximately $263,000. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares MSCI Europe Financials ETF by 8.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 7,914 shares of the company’s stock worth $309,000 after buying an additional 615 shares in the last quarter.

iShares MSCI Europe Financials ETF Company Profile

iShares MSCI Europe Financials ETF, formerly iShares MSCI Europe Financials Sector Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI Europe Financials Index (the Index). The Index is a free float-adjusted market capitalization weighted index designed to measure the combined equity market performance of the financials sector of developed market countries in Europe. Component securities include those of banks, diversified financial companies, insurance companies and real estate companies.