The European Equity Fund, Inc. ( NYSE:EEA – Get Rating ) was the target of a large drop in short interest in May. As of May 31st, there was short interest totalling 1,100 shares, a drop of 54.2% from the May 15th total of 2,400 shares. Based on an average daily volume of 6,500 shares, the short-interest ratio is presently 0.2 days. Hedge Funds Weigh In On The European Equity Fund A number of institutional investors and hedge funds have recently modified their holdings of the company. Royal Bank of Canada boosted its stake in shares of The European Equity Fund by 25.

https://www.dailypolitical.com/2023/06/15/the-european-equity-fund-inc-nyseeea-short-interest-down-54-2-in-may.html

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