iShares MSCI EAFE Growth ETF (BATS:EFG) Sees Large Drop in Short Interest

iShares MSCI EAFE Growth ETF (BATS:EFG) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 384,125 shares, a decrease of 43.7% from the April 15th total of 681,808 shares. Based on an average trading volume of 831,601 shares, the short-interest ratio is presently 0.5 days. Approximately 0.3% of the shares of the company are short sold.

iShares MSCI EAFE Growth ETF Price Performance

Shares of BATS EFG traded up $0.72 during trading hours on Monday, hitting $118.91. 19,779 shares of the company’s stock were exchanged, compared to its average volume of 1,824,888. The company’s 50-day moving average price is $116.37 and its 200-day moving average price is $116.71. iShares MSCI EAFE Growth ETF has a 1-year low of $106.33 and a 1-year high of $123.63. The stock has a market capitalization of $13.98 billion, a price-to-earnings ratio of 24.98 and a beta of 0.96.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of EFG. Dynasty Wealth Management LLC raised its stake in shares of iShares MSCI EAFE Growth ETF by 24.6% in the third quarter. Dynasty Wealth Management LLC now owns 570,629 shares of the company’s stock valued at $64,983,000 after purchasing an additional 112,519 shares in the last quarter. Central Pacific Bank Trust Division acquired a new position in shares of iShares MSCI EAFE Growth ETF in the 4th quarter valued at $735,000. FAS Wealth Partners Inc. raised its stake in shares of iShares MSCI EAFE Growth ETF by 3.0% in the 3rd quarter. FAS Wealth Partners Inc. now owns 446,537 shares of the company’s stock valued at $50,852,000 after buying an additional 13,205 shares in the last quarter. Affinity Capital Advisors LLC lifted its holdings in shares of iShares MSCI EAFE Growth ETF by 4.5% during the 4th quarter. Affinity Capital Advisors LLC now owns 143,393 shares of the company’s stock worth $16,335,000 after acquiring an additional 6,182 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in shares of iShares MSCI EAFE Growth ETF by 14.5% during the 3rd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 161,867 shares of the company’s stock valued at $18,433,000 after acquiring an additional 20,519 shares in the last quarter.

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.