iShares Core MSCI EAFE ETF (BATS:IEFA) Sees Large Decrease in Short Interest

iShares Core MSCI EAFE ETF (BATS:IEFA) was the recipient of a large drop in short interest in June. As of June 30th, there was short interest totaling 4,004,093 shares, a drop of 69.5% from the June 15th total of 13,114,134 shares. Based on an average daily trading volume, of 11,847,025 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the shares of the stock are sold short.

Hedge Funds Weigh In On iShares Core MSCI EAFE ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in IEFA. First Community Trust NA lifted its holdings in iShares Core MSCI EAFE ETF by 38.2% in the 2nd quarter. First Community Trust NA now owns 1,354 shares of the company’s stock valued at $131,000 after purchasing an additional 374 shares in the last quarter. Lee Kelleher & Klein Wealth Management raised its position in shares of iShares Core MSCI EAFE ETF by 13.9% in the second quarter. Lee Kelleher & Klein Wealth Management now owns 23,917 shares of the company’s stock valued at $2,310,000 after buying an additional 2,923 shares during the last quarter. Regent Peak Wealth Advisors LLC raised its position in shares of iShares Core MSCI EAFE ETF by 1.5% in the second quarter. Regent Peak Wealth Advisors LLC now owns 322,722 shares of the company’s stock valued at $31,168,000 after buying an additional 4,923 shares during the last quarter. Northside Capital Management LLC lifted its stake in shares of iShares Core MSCI EAFE ETF by 0.8% in the second quarter. Northside Capital Management LLC now owns 169,665 shares of the company’s stock worth $16,386,000 after buying an additional 1,414 shares in the last quarter. Finally, Annex Advisory Services LLC purchased a new position in shares of iShares Core MSCI EAFE ETF in the second quarter worth about $201,000.

iShares Core MSCI EAFE ETF Stock Performance

iShares Core MSCI EAFE ETF stock opened at $96.15 on Tuesday. The stock has a market capitalization of $164.42 billion, a P/E ratio of 16.18 and a beta of 0.84. The company’s fifty day moving average price is $96.85 and its 200 day moving average price is $94.62. iShares Core MSCI EAFE ETF has a 1 year low of $81.17 and a 1 year high of $98.83.

About iShares Core MSCI EAFE ETF

The iShares Core MSCI EAFE ETF (IEFA) is an exchange-traded fund that is based on the MSCI EAFE IMI index, a market-cap-weighted index of developed-market stocks in Europe, Australasia and the Far East, and excludes North America IEFA was launched on Oct 18, 2012 and is managed by BlackRock.