iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) Short Interest Up 1,949.6% in May

iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) was the recipient of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 57,737 shares, a growth of 1,949.6% from the May 14th total of 2,817 shares. Based on an average trading volume of 445,039 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

iShares MSCI EAFE Min Vol Factor ETF Price Performance

BATS EFAV opened at $89.47 on Thursday. iShares MSCI EAFE Min Vol Factor ETF has a 12 month low of $81.66 and a 12 month high of $95.13. The company has a market capitalization of $5.84 billion, a price-to-earnings ratio of 16.91 and a beta of 0.57. The company’s fifty day moving average price is $91.47 and its two-hundred day moving average price is $89.83.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of EFAV. Brighton Jones LLC boosted its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 41.7% in the 4th quarter. Brighton Jones LLC now owns 3,780 shares of the company’s stock valued at $267,000 after buying an additional 1,112 shares during the period. AQR Capital Management LLC acquired a new position in shares of iShares MSCI EAFE Min Vol Factor ETF in the 1st quarter valued at about $1,113,000. Qube Research & Technologies Ltd boosted its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 19.2% in the 2nd quarter. Qube Research & Technologies Ltd now owns 53,619 shares of the company’s stock valued at $4,507,000 after buying an additional 8,642 shares during the period. NewEdge Advisors LLC boosted its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 4.9% in the 2nd quarter. NewEdge Advisors LLC now owns 62,934 shares of the company’s stock valued at $5,290,000 after buying an additional 2,948 shares during the period. Finally, Sei Investments Co. boosted its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 7.1% in the 2nd quarter. Sei Investments Co. now owns 622,873 shares of the company’s stock valued at $52,357,000 after buying an additional 41,032 shares during the period.

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.