Short Interest in iShares Core MSCI EAFE ETF (BATS:IEFA) Expands By 61.9%

iShares Core MSCI EAFE ETF (BATS:IEFA) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 12,019,034 shares, a growth of 61.9% from the August 15th total of 7,425,747 shares. Based on an average trading volume of 6,939,930 shares, the short-interest ratio is presently 1.7 days. Approximately 0.7% of the shares of the stock are short sold.

Hedge Funds Weigh In On iShares Core MSCI EAFE ETF

A number of hedge funds and other institutional investors have recently modified their holdings of IEFA. Kopp Family Office LLC purchased a new position in shares of iShares Core MSCI EAFE ETF during the 2nd quarter valued at about $26,000. Lloyd Advisory Services LLC. purchased a new position in shares of iShares Core MSCI EAFE ETF during the fourth quarter worth approximately $26,000. Robinswood Financial LLC purchased a new position in shares of iShares Core MSCI EAFE ETF during the first quarter worth approximately $26,000. Duncker Streett & Co. Inc. lifted its holdings in shares of iShares Core MSCI EAFE ETF by 88.3% in the 1st quarter. Duncker Streett & Co. Inc. now owns 354 shares of the company’s stock worth $32,000 after acquiring an additional 166 shares during the last quarter. Finally, Main Street Group LTD bought a new stake in shares of iShares Core MSCI EAFE ETF in the 1st quarter worth approximately $34,000.

iShares Core MSCI EAFE ETF Stock Down 0.3%

IEFA opened at $97.97 on Thursday. The stock has a market cap of $167.53 billion, a PE ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a 52 week low of $85.03 and a 52 week high of $101.44. The business’s fifty day simple moving average is $99.05 and its 200 day simple moving average is $96.37.

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.