iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS) Short Interest Update

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

iShares MSCI Europe Small-Cap ETF Price Performance

NASDAQ IEUS traded up $0.01 on Wednesday, hitting $60.07. 2,483 shares of the company were exchanged, compared to its average volume of 9,806. iShares MSCI Europe Small-Cap ETF has a twelve month low of $51.55 and a twelve month high of $61.44. The firm has a market capitalization of $90.10 million, a P/E ratio of 14.02 and a beta of 1.15. The company’s 50 day moving average price is $56.50 and its 200-day moving average price is $56.69.

Institutional Investors Weigh In On iShares MSCI Europe Small-Cap ETF

Large investors have recently made changes to their positions in the company. PNC Financial Services Group Inc. acquired a new position in iShares MSCI Europe Small-Cap ETF in the 4th quarter worth approximately $88,000. Cullen Frost Bankers Inc. acquired a new position in iShares MSCI Europe Small-Cap ETF in the 4th quarter worth approximately $211,000. Citadel Advisors LLC acquired a new position in iShares MSCI Europe Small-Cap ETF in the 4th quarter worth approximately $262,000. Commonwealth Equity Services LLC boosted its stake in iShares MSCI Europe Small-Cap ETF by 3.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 5,363 shares of the company’s stock worth $288,000 after purchasing an additional 183 shares during the period. Finally, Bank of America Corp DE boosted its stake in 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 worth $389,000 after purchasing an additional 962 shares during the period.

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.