iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS) Short Interest Down 16.6% in February

iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS) was the target of a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 44,300 shares, a decrease of 16.6% from the February 13th total of 53,100 shares. Currently, 3.0% of the shares of the stock are short sold. Based on an average daily volume of 14,700 shares, the days-to-cover ratio is currently 3.0 days.

iShares MSCI Europe Small-Cap ETF Price Performance

Shares of NASDAQ IEUS traded up $0.20 during mid-day trading on Tuesday, reaching $59.97. The company’s stock had a trading volume of 12,690 shares, compared to its average volume of 9,799. The stock has a fifty day moving average of $56.23 and a two-hundred day moving average of $56.66. iShares MSCI Europe Small-Cap ETF has a 52 week low of $51.55 and a 52 week high of $61.44. The firm has a market capitalization of $89.96 million, a PE ratio of 14.02 and a beta of 1.15.

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

Several institutional investors and hedge funds have recently modified their holdings of IEUS. Castlekeep Investment Advisors LLC bought a new position in shares of iShares MSCI Europe Small-Cap ETF during the fourth quarter worth $780,000. Deutsche Bank AG grew its position in shares of iShares MSCI Europe Small-Cap ETF by 3.6% during the fourth quarter. Deutsche Bank AG now owns 17,951 shares of the company’s stock valued at $963,000 after purchasing an additional 632 shares in the last quarter. Citadel Advisors LLC purchased a new position in shares of iShares MSCI Europe Small-Cap ETF during the fourth quarter valued at about $262,000. Bank of America Corp DE lifted its position in shares of iShares MSCI Europe Small-Cap ETF by 15.3% in the fourth quarter. Bank of America Corp DE now owns 7,249 shares of the company’s stock worth $389,000 after buying an additional 962 shares in the last quarter. Finally, Jane Street Group LLC grew its holdings in iShares MSCI Europe Small-Cap ETF by 128.2% during the 4th quarter. Jane Street Group LLC now owns 51,514 shares of the company’s stock valued at $2,764,000 after buying an additional 28,938 shares in the last quarter.

About iShares MSCI Europe Small-Cap ETF

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.