iShares MSCI Europe Financials ETF (NASDAQ:EUFN) Short Interest Update

iShares MSCI Europe Financials ETF (NASDAQ:EUFN) saw a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 307,400 shares, a growth of 5.7% from the October 31st total of 290,700 shares. Based on an average daily trading volume, of 388,500 shares, the short-interest ratio is currently 0.8 days.

iShares MSCI Europe Financials ETF Stock Performance

NASDAQ EUFN traded up $0.15 during trading on Tuesday, reaching $24.01. 89,855 shares of the company’s stock were exchanged, compared to its average volume of 589,160. The stock has a market cap of $1.95 billion, a P/E ratio of 11.90 and a beta of 1.07. The company has a 50 day moving average price of $24.09 and a two-hundred day moving average price of $23.57. iShares MSCI Europe Financials ETF has a 1 year low of $19.89 and a 1 year high of $25.09.

Institutional Trading of iShares MSCI Europe Financials ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. GAMMA Investing LLC increased its position in iShares MSCI Europe Financials ETF by 37.7% in the 3rd quarter. GAMMA Investing LLC now owns 1,684 shares of the company’s stock valued at $42,000 after acquiring an additional 461 shares during the period. Raymond James & Associates increased its position in iShares MSCI Europe Financials ETF by 0.3% during the 3rd quarter. Raymond James & Associates now owns 234,366 shares of the company’s stock worth $5,796,000 after purchasing an additional 683 shares during the period. Transamerica Financial Advisors Inc. increased its position in iShares MSCI Europe Financials ETF by 2.9% during the 3rd quarter. Transamerica Financial Advisors Inc. now owns 56,523 shares of the company’s stock worth $1,398,000 after purchasing an additional 1,616 shares during the period. Envestnet Asset Management Inc. increased its position in iShares MSCI Europe Financials ETF by 0.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 623,419 shares of the company’s stock worth $13,940,000 after purchasing an additional 2,051 shares during the period. Finally, Ashton Thomas Private Wealth LLC acquired a new position in iShares MSCI Europe Financials ETF during the 2nd quarter worth approximately $49,000.

iShares MSCI Europe Financials ETF Company Profile

iShares MSCI Europe Financials ETF, formerly iShares MSCI Europe Financials Sector Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI Europe Financials Index (the Index). The Index is a free float-adjusted market capitalization weighted index designed to measure the combined equity market performance of the financials sector of developed market countries in Europe.