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

iShares MSCI Europe Financials ETF (NASDAQ:EUFN) saw a large decrease in short interest in February. As of February 28th, there was short interest totalling 374,500 shares, a decrease of 55.5% from the February 13th total of 842,200 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 831,200 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. O Shaughnessy Asset Management LLC raised its holdings in shares of iShares MSCI Europe Financials ETF by 34.5% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 1,727 shares of the company’s stock valued at $40,000 after purchasing an additional 443 shares in the last quarter. Russell Investments Group Ltd. bought a new position in shares of iShares MSCI Europe Financials ETF during the 4th quarter valued at $42,000. PNC Financial Services Group Inc. raised its holdings 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 valued at $45,000 after purchasing an additional 644 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in shares of iShares MSCI Europe Financials ETF by 246.0% during the 4th quarter. Jones Financial Companies Lllp now owns 2,450 shares of the company’s stock valued at $57,000 after purchasing an additional 1,742 shares in the last quarter. Finally, Centaurus Financial Inc. bought a new position in shares of iShares MSCI Europe Financials ETF during the 3rd quarter valued at $103,000.

iShares MSCI Europe Financials ETF Trading Up 2.6 %

EUFN stock traded up $0.74 during midday trading on Friday, reaching $28.82. The company had a trading volume of 1,534,089 shares, compared to its average volume of 1,079,148. iShares MSCI Europe Financials ETF has a 1 year low of $21.04 and a 1 year high of $29.06. The company has a market capitalization of $2.27 billion, a P/E ratio of 11.45 and a beta of 1.07. The company has a 50 day moving average of $26.01 and a two-hundred day moving average of $24.68.

iShares MSCI Europe Financials ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a $0.4752 dividend. 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.