Short Interest in iShares MSCI Europe Financials ETF (NASDAQ:EUFN) Expands By 83.3%

iShares MSCI Europe Financials ETF (NASDAQ:EUFN) saw a large growth in short interest in January. As of January 15th, there was short interest totalling 372,700 shares, a growth of 83.3% from the December 31st total of 203,300 shares. Based on an average daily volume of 411,700 shares, the short-interest ratio is currently 0.9 days.

iShares MSCI Europe Financials ETF Stock Up 0.2 %

Shares of iShares MSCI Europe Financials ETF stock traded up $0.05 during trading on Wednesday, reaching $25.40. The company’s stock had a trading volume of 325,035 shares, compared to its average volume of 453,213. iShares MSCI Europe Financials ETF has a 52-week low of $20.03 and a 52-week high of $25.50. The company has a market cap of $1.98 billion, a price-to-earnings ratio of 11.90 and a beta of 1.07. The firm’s 50-day moving average is $23.87 and its two-hundred day moving average is $23.79.

iShares MSCI Europe Financials ETF Dividend Announcement

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

Institutional Investors Weigh In On iShares MSCI Europe Financials ETF

Several institutional investors have recently added to or reduced their stakes in the company. GAMMA Investing LLC lifted its position in shares of iShares MSCI Europe Financials ETF by 37.7% in the 3rd quarter. GAMMA Investing LLC now owns 1,684 shares of the company’s stock worth $42,000 after purchasing an additional 461 shares during the period. Centaurus Financial Inc. bought a new stake in iShares MSCI Europe Financials ETF during the 3rd quarter valued at about $103,000. EP Wealth Advisors LLC bought a new stake in iShares MSCI Europe Financials ETF during the 3rd quarter valued at about $183,000. Squarepoint Ops LLC bought a new stake in iShares MSCI Europe Financials ETF during the 2nd quarter valued at about $219,000. Finally, International Assets Investment Management LLC boosted its holdings in shares of iShares MSCI Europe Financials ETF by 2,373.1% during the 3rd quarter. International Assets Investment Management LLC now owns 11,129 shares of the company’s stock valued at $275,000 after acquiring an additional 10,679 shares during 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.