iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS) Short Interest Down 91.0% in March

iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS) saw a large decrease in short interest in March. As of March 15th, there was short interest totalling 4,000 shares, a decrease of 91.0% from the February 28th total of 44,300 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average trading volume of 17,100 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of iShares MSCI Europe Small-Cap ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Commonwealth Equity Services LLC boosted its holdings 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 buying an additional 183 shares during the period. Deutsche Bank AG lifted its position in shares of iShares MSCI Europe Small-Cap ETF by 3.6% in the fourth quarter. Deutsche Bank AG now owns 17,951 shares of the company’s stock valued at $963,000 after acquiring an additional 632 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of iShares MSCI Europe Small-Cap ETF by 15.3% in the fourth quarter. Bank of America Corp DE now owns 7,249 shares of the company’s stock worth $389,000 after acquiring an additional 962 shares during the period. PNC Financial Services Group Inc. purchased a new stake in shares of iShares MSCI Europe Small-Cap ETF during the fourth quarter worth about $88,000. Finally, Cullen Frost Bankers Inc. bought a new stake in iShares MSCI Europe Small-Cap ETF during the 4th quarter valued at approximately $211,000.

iShares MSCI Europe Small-Cap ETF Trading Up 0.1 %

NASDAQ IEUS traded up $0.06 on Thursday, reaching $58.45. 5,870 shares of the stock were exchanged, compared to its average volume of 10,601. iShares MSCI Europe Small-Cap ETF has a one year low of $51.55 and a one year high of $61.44. The firm has a market capitalization of $87.67 million, a PE ratio of 13.48 and a beta of 1.15. The company’s 50-day simple moving average is $57.13 and its two-hundred day simple moving average is $56.69.

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.