iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) Sees Large Growth in Short Interest

iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 108,477 shares, an increase of 87.9% from the May 31st total of 57,737 shares. Based on an average trading volume of 536,317 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in EFAV. Alpha Capital Advisors Inc. ADV increased its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 3.2% in the first quarter. Alpha Capital Advisors Inc. ADV now owns 84,872 shares of the company’s stock worth $7,755,000 after buying an additional 2,612 shares during the period. Segall Bryant & Hamill LLC bought a new stake in iShares MSCI EAFE Min Vol Factor ETF in the 1st quarter worth $462,000. Centaurus Financial Inc. bought a new stake in iShares MSCI EAFE Min Vol Factor ETF in the 1st quarter worth $103,000. Ashton Thomas Securities LLC bought a new stake in iShares MSCI EAFE Min Vol Factor ETF in the 1st quarter worth $532,000. Finally, EverSource Wealth Advisors LLC increased its position in shares of iShares MSCI EAFE Min Vol Factor ETF by 203.2% in the first quarter. EverSource Wealth Advisors LLC now owns 379 shares of the company’s stock valued at $35,000 after acquiring an additional 254 shares during the period.

iShares MSCI EAFE Min Vol Factor ETF Price Performance

Shares of EFAV stock opened at $87.22 on Thursday. The business has a 50-day moving average of $90.02 and a 200 day moving average of $90.05. The stock has a market capitalization of $5.70 billion, a PE ratio of 16.91 and a beta of 0.57. iShares MSCI EAFE Min Vol Factor ETF has a 1-year low of $81.66 and a 1-year high of $95.13.

iShares MSCI EAFE Min Vol Factor ETF Company Profile

The iShares MSCI EAFE Min Vol Factor ETF (EFAV) is an exchange-traded fund that is based on the MSCI EAFE Minimum Volatility (USD) index. The fund tracks an index of developed-market equities, ex-US and Canada, selected and weighted to create a low volatility portfolio subject to constraints including sector exposure. EFAV was launched on Oct 18, 2011 and is managed by BlackRock.