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

iShares Core MSCI Europe ETF (NYSEARCA:IEUR) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 640,250 shares, a growth of 72.8% from the April 15th total of 370,524 shares. Based on an average daily volume of 842,398 shares, the short-interest ratio is currently 0.8 days. Currently, 0.5% of the company’s shares are sold short.

iShares Core MSCI Europe ETF Trading Up 1.2%

NYSEARCA IEUR traded up $0.87 during trading hours on Monday, hitting $74.10. 670,438 shares of the company’s stock were exchanged, compared to its average volume of 1,642,825. The stock has a 50-day simple moving average of $72.48 and a 200 day simple moving average of $72.02. iShares Core MSCI Europe ETF has a 1-year low of $63.38 and a 1-year high of $76.97. The firm has a market cap of $8.68 billion, a price-to-earnings ratio of 16.78 and a beta of 0.84.

Institutional Investors Weigh In On iShares Core MSCI Europe ETF

Several large investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its stake in iShares Core MSCI Europe ETF by 1.1% in the fourth quarter. JPMorgan Chase & Co. now owns 9,098,317 shares of the company’s stock valued at $645,799,000 after acquiring an additional 102,846 shares during the period. Envestnet Asset Management Inc. grew its stake in iShares Core MSCI Europe ETF by 15.0% in the third quarter. Envestnet Asset Management Inc. now owns 6,513,210 shares of the company’s stock valued at $443,680,000 after acquiring an additional 847,912 shares during the period. Bank of America Corp DE grew its stake in iShares Core MSCI Europe ETF by 73.5% in the third quarter. Bank of America Corp DE now owns 5,374,280 shares of the company’s stock valued at $366,096,000 after acquiring an additional 2,277,084 shares during the period. CI Investments Inc. grew its stake in iShares Core MSCI Europe ETF by 9.2% in the third quarter. CI Investments Inc. now owns 3,785,191 shares of the company’s stock valued at $257,847,000 after acquiring an additional 318,902 shares during the period. Finally, LPL Financial LLC grew its stake in iShares Core MSCI Europe ETF by 19.8% in the fourth quarter. LPL Financial LLC now owns 2,600,074 shares of the company’s stock valued at $184,553,000 after acquiring an additional 428,861 shares during the period.

About iShares Core MSCI Europe ETF

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.