iShares Europe ETF (NYSEARCA:IEV) Sees Significant Growth in Short Interest

iShares Europe ETF (NYSEARCA:IEV) saw a significant growth in short interest in January. As of January 30th, there was short interest totaling 241,297 shares, a growth of 383.2% from the January 15th total of 49,937 shares. Currently, 1.0% of the shares of the stock are sold short. Based on an average daily volume of 310,713 shares, the days-to-cover ratio is currently 0.8 days. Based on an average daily volume of 310,713 shares, the days-to-cover ratio is currently 0.8 days. Currently, 1.0% of the shares of the stock are sold short.

Institutional Investors Weigh In On iShares Europe ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Apollon Wealth Management LLC increased its position in shares of iShares Europe ETF by 13.8% during the 2nd quarter. Apollon Wealth Management LLC now owns 23,070 shares of the company’s stock worth $1,459,000 after purchasing an additional 2,801 shares in the last quarter. Axxcess Wealth Management LLC acquired a new position in iShares Europe ETF in the second quarter valued at about $451,000. Sagespring Wealth Partners LLC increased its holdings in shares of iShares Europe ETF by 35.9% during the second quarter. Sagespring Wealth Partners LLC now owns 21,781 shares of the company’s stock worth $1,378,000 after buying an additional 5,756 shares in the last quarter. WealthPlan Investment Management LLC bought a new position in shares of iShares Europe ETF in the second quarter valued at approximately $793,000. Finally, Nvest Financial LLC raised its stake in shares of iShares Europe ETF by 30.4% in the second quarter. Nvest Financial LLC now owns 56,184 shares of the company’s stock valued at $3,554,000 after acquiring an additional 13,109 shares during the last quarter.

iShares Europe ETF Trading Down 0.3%

Shares of IEV opened at $73.03 on Wednesday. The stock has a market cap of $1.75 billion, a PE ratio of 16.48 and a beta of 0.91. iShares Europe ETF has a 1 year low of $51.30 and a 1 year high of $73.43. The stock has a 50 day simple moving average of $69.80 and a 200-day simple moving average of $66.77.

iShares Europe ETF Company Profile

iShares Europe ETF (the Fund), formerly iShares S&P Europe 350 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Europe 350 (the Index). The Index measures the performance of the stocks of companies in the countries, which includes Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom.