iShares MSCI Eurozone ETF (BATS:EZU) Short Interest Up 71.5% in May

iShares MSCI Eurozone ETF (BATS:EZU) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 2,716,828 shares, an increase of 71.5% from the April 30th total of 1,583,840 shares. Currently, 2.0% of the shares of the company are short sold. Based on an average trading volume of 1,762,064 shares, the short-interest ratio is currently 1.5 days.

iShares MSCI Eurozone ETF Stock Performance

Shares of EZU opened at $68.55 on Thursday. The company has a 50-day simple moving average of $66.23 and a 200-day simple moving average of $65.36. The firm has a market capitalization of $9.36 billion, a P/E ratio of 16.35 and a beta of 1.01. iShares MSCI Eurozone ETF has a 52 week low of $56.70 and a 52 week high of $69.44.

Institutional Trading of iShares MSCI Eurozone ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Tucker Asset Management LLC bought a new stake in iShares MSCI Eurozone ETF during the fourth quarter worth about $27,000. Financial Network Wealth Advisors LLC grew its stake in iShares MSCI Eurozone ETF by 177.8% during the fourth quarter. Financial Network Wealth Advisors LLC now owns 439 shares of the company’s stock worth $28,000 after buying an additional 281 shares during the last quarter. Rothschild Investment LLC bought a new stake in iShares MSCI Eurozone ETF during the fourth quarter worth about $32,000. Miller Capital Partners Inc. bought a new stake in iShares MSCI Eurozone ETF during the fourth quarter worth about $33,000. Finally, Simplex Trading LLC bought a new stake in iShares MSCI Eurozone ETF during the fourth quarter worth about $35,000.

About iShares MSCI Eurozone ETF

iShares MSCI EMU ETF, formerly iShares MSCI EMU Index Fund (the Fund), is an exchange-traded fund. The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the European Monetary Union (EMU) markets, as measured by the MSCI EMU Index (the Index). The Index seeks to measure the performance of the equity markets of the EMU member countries: those members of the European Union who have adopted the Euro as its currency.