Short Interest in iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS) Rises By 25.7%

iShares MSCI Europe Small-Cap ETF (NASDAQ:IEUS) saw a large growth in short interest during the month of May. As of May 31st, there was short interest totalling 4,400 shares, a growth of 25.7% from the May 15th total of 3,500 shares. Based on an average daily trading volume, of 10,700 shares, the days-to-cover ratio is presently 0.4 days.

iShares MSCI Europe Small-Cap ETF Stock Performance

NASDAQ:IEUS traded up $0.65 during midday trading on Monday, reaching $56.56. 4,126 shares of the stock traded hands, compared to its average volume of 8,533. The company has a fifty day moving average of $57.45 and a 200 day moving average of $55.73. iShares MSCI Europe Small-Cap ETF has a 12 month low of $45.28 and a 12 month high of $60.66. The stock has a market capitalization of $115.95 million, a P/E ratio of 13.28 and a beta of 1.15.

iShares MSCI Europe Small-Cap ETF Announces Dividend

The company also recently declared a Semi-Annual dividend, which will be paid on Monday, June 17th. Investors of record on Tuesday, June 11th will be issued a dividend of $1.1945 per share. The ex-dividend date of this dividend is Tuesday, June 11th.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IEUS. Vontobel Holding Ltd. increased its position in iShares MSCI Europe Small-Cap ETF by 12.5% during the 4th quarter. Vontobel Holding Ltd. now owns 72,223 shares of the company’s stock valued at $4,059,000 after purchasing an additional 8,036 shares during the period. Raymond James Financial Services Advisors Inc. increased its position in iShares MSCI Europe Small-Cap ETF by 5.1% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 37,642 shares of the company’s stock valued at $2,132,000 after purchasing an additional 1,816 shares during the period. Cullen Frost Bankers Inc. purchased a new position in iShares MSCI Europe Small-Cap ETF during the 4th quarter valued at $602,000. Citizens Financial Group Inc. RI increased its position in 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 purchasing an additional 704 shares during the period. Finally, PNC Financial Services Group Inc. purchased a new position in iShares MSCI Europe Small-Cap ETF during the 4th quarter valued at $245,000.

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.