iShares MSCI Europe Financials ETF (NASDAQ:EUFN – Get Rating) saw a large decrease in short interest in November. As of November 30th, there was short interest totalling 2,050,000 shares, a decrease of 14.2% from the November 15th total of 2,390,000 shares. Based on an average daily trading volume, of 1,012,500 shares, the days-to-cover ratio is currently 2.0 days.
iShares MSCI Europe Financials ETF Price Performance
iShares MSCI Europe Financials ETF stock traded down $0.06 during mid-day trading on Friday, reaching $17.13. 395,116 shares of the company’s stock were exchanged, compared to its average volume of 2,053,051. iShares MSCI Europe Financials ETF has a twelve month low of $13.54 and a twelve month high of $21.94. The company has a fifty day moving average of $16.18 and a 200-day moving average of $15.85.
iShares MSCI Europe Financials ETF Cuts Dividend
The company also recently disclosed a Semi-Annual dividend, which will be paid on Monday, December 19th. Shareholders of record on Wednesday, December 14th will be given a $0.072 dividend. The ex-dividend date of this dividend is Tuesday, December 13th.
Institutional Investors Weigh In On iShares MSCI Europe Financials ETF
Large investors have recently modified their holdings of the company. Ellevest Inc. purchased a new stake in shares of iShares MSCI Europe Financials ETF in the 2nd quarter valued at approximately $29,000. Spire Wealth Management grew its position in shares of iShares MSCI Europe Financials ETF by 511.6% in the 3rd quarter. Spire Wealth Management now owns 2,000 shares of the company’s stock valued at $28,000 after buying an additional 1,673 shares during the last quarter. Captrust Financial Advisors grew its position in shares of iShares MSCI Europe Financials ETF by 175.5% in the 2nd quarter. Captrust Financial Advisors now owns 2,962 shares of the company’s stock valued at $47,000 after buying an additional 1,887 shares during the last quarter. Zions Bancorporation N.A. grew its position in shares of iShares MSCI Europe Financials ETF by 32.3% in the 1st quarter. Zions Bancorporation N.A. now owns 3,533 shares of the company’s stock valued at $66,000 after buying an additional 863 shares during the last quarter. Finally, North Star Investment Management Corp. purchased a new position in shares of iShares MSCI Europe Financials ETF in the 3rd quarter valued at $52,000.
About iShares MSCI Europe Financials ETF
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.
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