iShares MSCI Europe Financials ETF (NASDAQ:EUFN) Short Interest Down 9.4% in January

iShares MSCI Europe Financials ETF (NASDAQ:EUFN) was the target of a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 275,600 shares, a drop of 9.4% from the January 15th total of 304,100 shares. Based on an average trading volume of 502,200 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Trading of iShares MSCI Europe Financials ETF

Several large investors have recently bought and sold shares of EUFN. O Shaughnessy Asset Management LLC lifted its holdings in shares of iShares MSCI Europe Financials ETF by 34.5% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 1,727 shares of the company’s stock worth $40,000 after acquiring an additional 443 shares during the last quarter. Russell Investments Group Ltd. bought a new position in iShares MSCI Europe Financials ETF in the 4th quarter valued at approximately $42,000. PNC Financial Services Group Inc. lifted its stake in iShares MSCI Europe Financials ETF by 50.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,932 shares of the company’s stock valued at $45,000 after purchasing an additional 644 shares during the last quarter. Jones Financial Companies Lllp boosted its position in iShares MSCI Europe Financials ETF by 246.0% in the fourth quarter. Jones Financial Companies Lllp now owns 2,450 shares of the company’s stock valued at $57,000 after buying an additional 1,742 shares in the last quarter. Finally, Centaurus Financial Inc. bought a new stake in shares of iShares MSCI Europe Financials ETF during the third quarter worth $103,000.

iShares MSCI Europe Financials ETF Price Performance

EUFN traded up $0.10 during trading on Monday, hitting $26.51. 357,798 shares of the stock traded hands, compared to its average volume of 569,187. The business has a 50 day moving average price of $24.37 and a 200 day moving average price of $24.02. iShares MSCI Europe Financials ETF has a twelve month low of $20.37 and a twelve month high of $26.62. The company has a market cap of $2.09 billion, a price-to-earnings ratio of 11.90 and a beta of 1.07.

iShares MSCI Europe Financials ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a dividend of $0.4752 per share. The ex-dividend date was Tuesday, December 17th.

About iShares MSCI Europe Financials ETF

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.