Short Interest in iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS) Rises By 575.5%

iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS) was the target of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 33,100 shares, an increase of 575.5% from the October 31st total of 4,900 shares. Based on an average daily volume of 7,400 shares, the short-interest ratio is presently 4.5 days.

Hedge Funds Weigh In On iShares MSCI Europe Small-Cap ETF

Large investors have recently modified their holdings of the business. Citizens Financial Group Inc. RI raised its stake 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 worth $298,000 after buying an additional 704 shares in the last quarter. Brown Brothers Harriman & Co. purchased a new position in iShares MSCI Europe Small-Cap ETF in the 2nd quarter valued at approximately $316,000. Atlas Capital Advisors LLC increased its stake in iShares MSCI Europe Small-Cap ETF by 15.5% in the 2nd quarter. Atlas Capital Advisors LLC now owns 13,431 shares of the company’s stock valued at $751,000 after purchasing an additional 1,803 shares in the last quarter. Pictet North America Advisors SA purchased a new position in iShares MSCI Europe Small-Cap ETF in the 2nd quarter valued at approximately $1,186,000. Finally, EP Wealth Advisors LLC purchased a new position in iShares MSCI Europe Small-Cap ETF in the 3rd quarter valued at approximately $1,382,000.

iShares MSCI Europe Small-Cap ETF Trading Up 1.7 %

Shares of IEUS opened at $55.19 on Thursday. The company has a market cap of $93.82 million, a price-to-earnings ratio of 13.28 and a beta of 1.15. The business’s fifty day simple moving average is $57.57 and its two-hundred day simple moving average is $58.04. iShares MSCI Europe Small-Cap ETF has a 12 month low of $52.07 and a 12 month high of $61.44.

About iShares MSCI Europe Small-Cap ETF

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.