iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS) Sees Significant Drop in Short Interest

iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totalling 7,200 shares, a drop of 11.1% from the September 15th total of 8,100 shares. Based on an average trading volume of 4,500 shares, the days-to-cover ratio is presently 1.6 days.

iShares MSCI Europe Small-Cap ETF Trading Up 0.4 %

IEUS traded up $0.25 on Tuesday, hitting $58.71. 93,252 shares of the company’s stock were exchanged, compared to its average volume of 7,285. The firm has a 50-day moving average price of $58.86 and a 200-day moving average price of $57.94. The stock has a market cap of $96.87 million, a price-to-earnings ratio of 13.28 and a beta of 1.15. iShares MSCI Europe Small-Cap ETF has a fifty-two week low of $45.28 and a fifty-two week high of $61.44.

Institutional Trading of iShares MSCI Europe Small-Cap ETF

Several large investors have recently bought and sold shares of the business. PNC Financial Services Group Inc. purchased a new position in iShares MSCI Europe Small-Cap ETF during the fourth quarter worth about $245,000. Citizens Financial Group Inc. RI raised its position in shares of iShares MSCI Europe Small-Cap ETF by 15.4% during the 1st quarter. Citizens Financial Group Inc. RI now owns 5,269 shares of the company’s stock valued at $298,000 after buying an additional 704 shares during the period. Brown Brothers Harriman & Co. acquired a new position in iShares MSCI Europe Small-Cap ETF in the second quarter valued at approximately $316,000. Atlas Capital Advisors LLC grew its position in iShares MSCI Europe Small-Cap ETF by 15.5% in the second quarter. Atlas Capital Advisors LLC now owns 13,431 shares of the company’s stock worth $751,000 after acquiring an additional 1,803 shares during the period. Finally, Pictet North America Advisors SA acquired a new stake in iShares MSCI Europe Small-Cap ETF during the second quarter worth $1,186,000.

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.