Short Interest in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) Decreases By 72.8%

iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 18,166 shares, a decline of 72.8% from the August 15th total of 66,808 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 356,813 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC acquired a new position in shares of iShares MSCI EAFE Min Vol Factor ETF during the second quarter valued at about $22,963,000. Morgan Stanley increased its position in shares of iShares MSCI EAFE Min Vol Factor ETF by 9.0% during the fourth quarter. Morgan Stanley now owns 2,310,102 shares of the company’s stock worth $199,246,000 after acquiring an additional 190,252 shares in the last quarter. Vestcor Inc raised its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 452.1% in the 4th quarter. Vestcor Inc now owns 230,175 shares of the company’s stock worth $19,853,000 after acquiring an additional 188,483 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 32.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 767,283 shares of the company’s stock worth $64,520,000 after acquiring an additional 188,461 shares during the last quarter. Finally, Purpose Unlimited Inc. bought a new position in iShares MSCI EAFE Min Vol Factor ETF in the 4th quarter valued at about $13,985,000.

iShares MSCI EAFE Min Vol Factor ETF Stock Performance

iShares MSCI EAFE Min Vol Factor ETF stock opened at $93.98 on Friday. The stock has a market capitalization of $6.14 billion, a price-to-earnings ratio of 16.91 and a beta of 0.57. iShares MSCI EAFE Min Vol Factor ETF has a 52-week low of $83.36 and a 52-week high of $95.34. The stock’s 50 day moving average price is $92.63 and its two-hundred day moving average price is $91.44.

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.