Short Interest in iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS) Declines By 16.6%

iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS) saw a large decrease in short interest in February. As of February 28th, there was short interest totalling 44,300 shares, a decrease of 16.6% from the February 13th total of 53,100 shares. Approximately 3.0% of the company’s shares are sold short. Based on an average daily volume of 14,700 shares, the short-interest ratio is presently 3.0 days.

Institutional Trading of iShares MSCI Europe Small-Cap ETF

Several hedge funds have recently modified their holdings of the stock. Castlekeep Investment Advisors LLC bought a new position in iShares MSCI Europe Small-Cap ETF during the fourth quarter worth $780,000. Deutsche Bank AG boosted its position in shares of iShares MSCI Europe Small-Cap ETF by 3.6% during the 4th quarter. Deutsche Bank AG now owns 17,951 shares of the company’s stock worth $963,000 after purchasing an additional 632 shares in the last quarter. Citadel Advisors LLC acquired a new stake in shares of iShares MSCI Europe Small-Cap ETF in the 4th quarter valued at about $262,000. Bank of America Corp DE grew its stake in shares of iShares MSCI Europe Small-Cap ETF by 15.3% in the 4th quarter. Bank of America Corp DE now owns 7,249 shares of the company’s stock valued at $389,000 after buying an additional 962 shares during the period. Finally, Jane Street Group LLC raised its stake in iShares MSCI Europe Small-Cap ETF by 128.2% during the 4th quarter. Jane Street Group LLC now owns 51,514 shares of the company’s stock worth $2,764,000 after buying an additional 28,938 shares during the period.

iShares MSCI Europe Small-Cap ETF Trading Down 1.4 %

NASDAQ IEUS traded down $0.82 during trading hours on Thursday, hitting $59.34. 6,012 shares of the company’s stock were exchanged, compared to its average volume of 9,822. iShares MSCI Europe Small-Cap ETF has a 1-year low of $51.55 and a 1-year high of $61.44. The stock has a 50-day simple moving average of $56.50 and a 200 day simple moving average of $56.69. The firm has a market cap of $89.02 million, a price-to-earnings ratio of 14.02 and a beta of 1.15.

iShares MSCI Europe Small-Cap ETF Company Profile

The iShares MSCI Europe Small-Cap ETF (IEUS) is an exchange-traded fund that is based on the MSCI Europe Small Cap index, a market-cap-weighted index of companies in developed countries of Europe. IEUS was launched on Nov 12, 2007 and is managed by BlackRock.