Short Interest in iShares MSCI EAFE Growth ETF (BATS:EFG) Increases By 82.1%

iShares MSCI EAFE Growth ETF (BATS:EFG) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 699,462 shares, a growth of 82.1% from the April 30th total of 384,125 shares. Based on an average daily trading volume, of 750,631 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.6% of the shares of the company are short sold.

Institutional Trading of iShares MSCI EAFE Growth ETF

A number of hedge funds have recently modified their holdings of the stock. Basepoint Wealth LLC acquired a new stake in shares of iShares MSCI EAFE Growth ETF during the 4th quarter worth approximately $25,000. Guerra Advisors Inc acquired a new position in shares of iShares MSCI EAFE Growth ETF in the 3rd quarter valued at $26,000. Signature Equity Partners LLC boosted its holdings in iShares MSCI EAFE Growth ETF by 1,147.4% during the first quarter. Signature Equity Partners LLC now owns 237 shares of the company’s stock worth $26,000 after buying an additional 218 shares in the last quarter. Evermay Wealth Management LLC boosted its holdings in iShares MSCI EAFE Growth ETF by 87.0% during the fourth quarter. Evermay Wealth Management LLC now owns 245 shares of the company’s stock worth $28,000 after buying an additional 114 shares in the last quarter. Finally, Barnes Dennig Private Wealth Management LLC grew its position in iShares MSCI EAFE Growth ETF by 327.7% during the fourth quarter. Barnes Dennig Private Wealth Management LLC now owns 278 shares of the company’s stock valued at $32,000 after buying an additional 213 shares during the period.

iShares MSCI EAFE Growth ETF Price Performance

BATS EFG opened at $122.93 on Thursday. iShares MSCI EAFE Growth ETF has a 1 year low of $106.33 and a 1 year high of $124.24. The company has a market capitalization of $14.46 billion, a PE ratio of 24.98 and a beta of 0.96. The company has a fifty day moving average of $118.47 and a 200 day moving average of $117.29.

iShares MSCI EAFE Growth ETF Company Profile

iShares MSCI EAFE Growth ETF (the Fund), formerly iShares MSCI EAFE Growth Index Fund, is an exchange-traded fund (ETF). The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI EAFE Growth Index (the Index). The Index is a subset of the MSCI EAFE Index and constituents of the Index include securities from Europe, Australasia (Australia and Asia), and the Far East. The Fund invests in sectors, such as consumer staples, industrials, consumer discretionary, materials, healthcare, financials, information technology, energy, telecommunication services and utilities.