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

iShares MSCI Europe Financials ETF (NASDAQ:EUFN) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 614,768 shares, an increase of 84.7% from the November 30th total of 332,760 shares. Based on an average daily volume of 964,542 shares, the short-interest ratio is presently 0.6 days. Approximately 0.5% of the shares of the company are short sold. Approximately 0.5% of the shares of the company are short sold. Based on an average daily volume of 964,542 shares, the short-interest ratio is presently 0.6 days.

iShares MSCI Europe Financials ETF Price Performance

Shares of EUFN stock opened at $37.39 on Friday. iShares MSCI Europe Financials ETF has a 1 year low of $22.98 and a 1 year high of $37.43. The firm has a market capitalization of $4.87 billion, a price-to-earnings ratio of 11.10 and a beta of 0.94. The business has a fifty day moving average of $34.86 and a 200 day moving average of $33.62.

iShares MSCI Europe Financials ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were issued a $0.5156 dividend. This represents a yield of 286.0%. The ex-dividend date of this dividend was Tuesday, December 16th.

Hedge Funds Weigh In On iShares MSCI Europe Financials ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Triumph Capital Management acquired a new position in shares of iShares MSCI Europe Financials ETF during the 3rd quarter worth approximately $31,000. Avion Wealth purchased a new position in shares of iShares MSCI Europe Financials ETF during the 3rd quarter worth $34,000. Guerra Advisors Inc acquired a new position in iShares MSCI Europe Financials ETF in the 3rd quarter valued at about $36,000. Opal Wealth Advisors LLC acquired a new position in iShares MSCI Europe Financials ETF in the second quarter valued at approximately $45,000. Finally, TD Private Client Wealth LLC lifted its stake in shares of iShares MSCI Europe Financials ETF by 30.8% in the 2nd quarter. TD Private Client Wealth LLC now owns 1,635 shares of the company’s stock valued at $52,000 after purchasing an additional 385 shares during the last quarter.

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. Component securities include those of banks, diversified financial companies, insurance companies and real estate companies.