Global X MSCI SuperDividend EAFE ETF (NASDAQ:EFAS) Short Interest Up 85.7% in December

Global X MSCI SuperDividend EAFE ETF (NASDAQ:EFAS) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 23,049 shares, an increase of 85.7% from the December 15th total of 12,415 shares. Based on an average daily trading volume, of 16,398 shares, the days-to-cover ratio is presently 1.4 days. Currently, 1.2% of the company’s stock are short sold. Currently, 1.2% of the company’s stock are short sold. Based on an average daily trading volume, of 16,398 shares, the days-to-cover ratio is presently 1.4 days.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Flow Traders U.S. LLC bought a new stake in shares of Global X MSCI SuperDividend EAFE ETF during the 2nd quarter worth approximately $621,000. 3EDGE Asset Management LP bought a new stake in Global X MSCI SuperDividend EAFE ETF during the second quarter worth $3,276,000. Orion Porfolio Solutions LLC lifted its stake in Global X MSCI SuperDividend EAFE ETF by 236.1% in the third quarter. Orion Porfolio Solutions LLC now owns 45,069 shares of the company’s stock valued at $852,000 after acquiring an additional 31,658 shares during the last quarter. Susquehanna International Group LLP acquired a new stake in Global X MSCI SuperDividend EAFE ETF in the third quarter valued at $362,000. Finally, Jaffetilchin Investment Partners LLC bought a new position in shares of Global X MSCI SuperDividend EAFE ETF in the 4th quarter valued at about $261,000.

Global X MSCI SuperDividend EAFE ETF Price Performance

EFAS stock traded down $0.05 during midday trading on Thursday, hitting $19.65. The company’s stock had a trading volume of 9,864 shares, compared to its average volume of 20,304. The company’s fifty day moving average price is $19.08 and its 200 day moving average price is $18.79. Global X MSCI SuperDividend EAFE ETF has a twelve month low of $13.32 and a twelve month high of $19.73. The stock has a market capitalization of $36.74 million, a P/E ratio of 11.91 and a beta of 0.76.

Global X MSCI SuperDividend EAFE ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, January 7th. Investors of record on Tuesday, December 30th were issued a dividend of $0.1526 per share. The ex-dividend date was Tuesday, December 30th. This is a boost from Global X MSCI SuperDividend EAFE ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a yield of 9.3%.

About Global X MSCI SuperDividend EAFE ETF

The Global X MSCI SuperDividend EAFE ETF (EFAS) is an exchange-traded fund that is based on the MSCI EAFE Top 50 Dividend index. The fund tracks an index of stocks from developed countries outside North America. After screening for dividend growth and sustainability, the 50 highest yielding stocks are selected and given equal weight. EFAS was launched on Nov 14, 2016 and is managed by Global X.