iShares MSCI Europe Financials ETF (NASDAQ:EUFN) Short Interest Update

iShares MSCI Europe Financials ETF (NASDAQ:EUFN) saw a significant growth in short interest during the month of May. As of May 15th, there was short interest totalling 1,230,000 shares, a growth of 56.4% from the April 30th total of 786,300 shares. Based on an average trading volume of 2,188,400 shares, the days-to-cover ratio is currently 0.6 days. Approximately 1.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. O Shaughnessy Asset Management LLC lifted its stake in 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. Rockefeller Capital Management L.P. lifted its position in shares of iShares MSCI Europe Financials ETF by 2.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 22,222 shares of the company’s stock worth $518,000 after buying an additional 512 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in shares of iShares MSCI Europe Financials ETF by 3.7% during the 4th quarter. Commonwealth Equity Services LLC now owns 17,714 shares of the company’s stock worth $413,000 after buying an additional 628 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in shares of iShares MSCI Europe Financials ETF by 50.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,932 shares of the company’s stock worth $45,000 after buying an additional 644 shares during the last quarter. Finally, Private Advisor Group LLC lifted its position in shares of iShares MSCI Europe Financials ETF by 6.6% during the 1st quarter. Private Advisor Group LLC now owns 10,487 shares of the company’s stock worth $299,000 after buying an additional 648 shares during the last quarter.

iShares MSCI Europe Financials ETF Stock Up 1.3%

Shares of iShares MSCI Europe Financials ETF stock opened at $32.18 on Tuesday. iShares MSCI Europe Financials ETF has a 52-week low of $21.04 and a 52-week high of $32.20. The company has a 50 day moving average of $29.50 and a 200 day moving average of $26.83. The company has a market capitalization of $3.41 billion, a P/E ratio of 11.62 and a beta of 1.07.

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.