ProShares MSCI EAFE Dividend Growers ETF (BATS:EFAD) Stock Short Interest Declines 80.8%

ProShares MSCI EAFE Dividend Growers ETF (BATS:EFAD) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 1,201 shares, a decrease of 80.8% from the September 15th total of 6,239 shares. Based on an average daily volume of 2,577 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Investors Weigh In On ProShares MSCI EAFE Dividend Growers ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Anson Capital Inc. raised its position in shares of ProShares MSCI EAFE Dividend Growers ETF by 110.9% during the 2nd quarter. Anson Capital Inc. now owns 44,642 shares of the company’s stock valued at $1,913,000 after purchasing an additional 23,473 shares during the period. Capital Square LLC bought a new stake in shares of ProShares MSCI EAFE Dividend Growers ETF in the second quarter worth about $336,000. MWA Asset Management purchased a new stake in shares of ProShares MSCI EAFE Dividend Growers ETF in the first quarter worth about $319,000. Sanctuary Advisors LLC lifted its position in shares of ProShares MSCI EAFE Dividend Growers ETF by 10.8% in the first quarter. Sanctuary Advisors LLC now owns 20,136 shares of the company’s stock worth $824,000 after buying an additional 1,964 shares in the last quarter. Finally, Fifth Third Bancorp purchased a new stake in shares of ProShares MSCI EAFE Dividend Growers ETF in the first quarter worth about $54,000.

ProShares MSCI EAFE Dividend Growers ETF Trading Up 0.0%

Shares of EFAD stock opened at $43.41 on Tuesday. The stock has a market cap of $72.06 million, a P/E ratio of 21.63 and a beta of 0.77. ProShares MSCI EAFE Dividend Growers ETF has a 12 month low of $39.53 and a 12 month high of $45.58. The company has a 50 day simple moving average of $44.18 and a two-hundred day simple moving average of $43.14.

ProShares MSCI EAFE Dividend Growers ETF Company Profile

The ProShares MSCI EAFE Dividend Growers ETF (EFAD) is an exchange-traded fund that is based on the MSCI EAFE Dividend Masters index. The fund tracks an equally weighted broad-market index of developed-market companies, ex-North America, that have raised their dividend for each of the past 10 years. EFAD was launched on Aug 19, 2014 and is managed by ProShares.