iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS) Sees Large Growth in Short Interest

iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS) was the target of a significant increase in short interest in November. As of November 15th, there was short interest totalling 33,100 shares, an increase of 575.5% from the October 31st total of 4,900 shares. Based on an average trading volume of 7,400 shares, the days-to-cover ratio is presently 4.5 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of IEUS. Citizens Financial Group Inc. RI raised its stake in iShares MSCI Europe Small-Cap ETF by 15.4% during the first quarter. Citizens Financial Group Inc. RI now owns 5,269 shares of the company’s stock valued at $298,000 after buying an additional 704 shares in the last quarter. Pictet North America Advisors SA acquired a new stake in iShares MSCI Europe Small-Cap ETF during the second quarter valued at approximately $1,186,000. Atlas Capital Advisors LLC raised its stake in iShares MSCI Europe Small-Cap ETF by 15.5% during the second quarter. Atlas Capital Advisors LLC now owns 13,431 shares of the company’s stock valued at $751,000 after buying an additional 1,803 shares in the last quarter. Brown Brothers Harriman & Co. acquired a new stake in iShares MSCI Europe Small-Cap ETF during the second quarter valued at approximately $316,000. Finally, EP Wealth Advisors LLC acquired a new stake in iShares MSCI Europe Small-Cap ETF during the third quarter valued at approximately $1,382,000.

iShares MSCI Europe Small-Cap ETF Stock Performance

Shares of NASDAQ:IEUS traded up $0.39 during trading on Friday, hitting $55.58. The company’s stock had a trading volume of 3,019 shares, compared to its average volume of 7,507. iShares MSCI Europe Small-Cap ETF has a fifty-two week low of $52.07 and a fifty-two week high of $61.44. The stock’s 50-day moving average price is $57.45 and its two-hundred day moving average price is $58.02. The company has a market capitalization of $94.49 million, a PE ratio of 13.28 and a beta of 1.15.

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.