iShares Core MSCI EAFE ETF (BATS:IEFA) Stock Short Interest Drops 47.8%

iShares Core MSCI EAFE ETF (BATS:IEFA) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 6,279,385 shares, a drop of 47.8% from the August 31st total of 12,019,034 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily trading volume, of 8,630,074 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Investors Weigh In On iShares Core MSCI EAFE ETF

A number of large investors have recently bought and sold shares of IEFA. QRG Capital Management Inc. increased its stake in iShares Core MSCI EAFE ETF by 210.5% in the second quarter. QRG Capital Management Inc. now owns 103,084 shares of the company’s stock valued at $9,956,000 after purchasing an additional 69,885 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in shares of iShares Core MSCI EAFE ETF by 8.9% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 3,139,054 shares of the company’s stock worth $303,170,000 after purchasing an additional 255,556 shares in the last quarter. Security National Bank of SO Dak acquired a new stake in shares of iShares Core MSCI EAFE ETF in the 2nd quarter valued at about $72,000. Security National Bank of Sioux City Iowa IA acquired a new stake in shares of iShares Core MSCI EAFE ETF in the 2nd quarter valued at about $31,000. Finally, Talon Private Wealth LLC increased its position in iShares Core MSCI EAFE ETF by 8.5% in the 2nd quarter. Talon Private Wealth LLC now owns 10,225 shares of the company’s stock valued at $988,000 after buying an additional 803 shares in the last quarter.

iShares Core MSCI EAFE ETF Stock Down 0.6%

BATS:IEFA opened at $96.88 on Thursday. The company has a fifty day moving average of $99.33 and a 200-day moving average of $96.69. The firm has a market capitalization of $165.66 billion, a P/E ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a twelve month low of $85.03 and a twelve month high of $101.44.

iShares Core MSCI EAFE ETF Company Profile

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.