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

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

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

A number of hedge funds have recently bought and sold shares of IEUS. EP Wealth Advisors LLC acquired a new stake in iShares MSCI Europe Small-Cap ETF during the third quarter valued at approximately $1,382,000. Drum Hill Capital LLC bought a new stake in shares of iShares MSCI Europe Small-Cap ETF in the 4th quarter valued at approximately $666,000. Cullen Frost Bankers Inc. acquired a new stake in shares of iShares MSCI Europe Small-Cap ETF during the 4th quarter valued at approximately $211,000. Raymond James Financial Inc. bought a new position in iShares MSCI Europe Small-Cap ETF during the fourth quarter worth $2,156,000. Finally, PNC Financial Services Group Inc. bought a new position in iShares MSCI Europe Small-Cap ETF during the fourth quarter worth $88,000.

iShares MSCI Europe Small-Cap ETF Stock Down 1.1 %

Shares of IEUS traded down $0.63 during midday trading on Wednesday, hitting $58.39. The company had a trading volume of 5,716 shares, compared to its average volume of 10,620. The stock has a market cap of $87.59 million, a price-to-earnings ratio of 13.48 and a beta of 1.15. The company’s 50 day moving average price is $57.13 and its 200 day moving average price is $56.69. iShares MSCI Europe Small-Cap ETF has a 52 week low of $51.55 and a 52 week 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.