ProShares MSCI EAFE Dividend Growers ETF (BATS:EFAD) Short Interest Update

ProShares MSCI EAFE Dividend Growers ETF (BATS:EFAD) was the target of a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 288 shares, a drop of 92.4% from the April 15th total of 3,784 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 5,733 shares, the days-to-cover ratio is presently 0.1 days.

ProShares MSCI EAFE Dividend Growers ETF Stock Performance

Shares of EFAD stock traded down $0.13 during trading on Monday, hitting $42.70. 7,609 shares of the company were exchanged, compared to its average volume of 5,665. The business’s 50-day simple moving average is $41.94 and its 200 day simple moving average is $42.11. The firm has a market capitalization of $70.88 million, a price-to-earnings ratio of 21.63 and a beta of 0.77. ProShares MSCI EAFE Dividend Growers ETF has a twelve month low of $39.53 and a twelve month high of $44.14.

Institutional Investors Weigh In On ProShares MSCI EAFE Dividend Growers ETF

Institutional investors have recently modified their holdings of the stock. Raymond James Financial Inc. raised its holdings in shares of ProShares MSCI EAFE Dividend Growers ETF by 2.9% during the 3rd quarter. Raymond James Financial Inc. now owns 155,466 shares of the company’s stock valued at $6,553,000 after purchasing an additional 4,389 shares in the last quarter. Key Financial Inc grew its position in shares of ProShares MSCI EAFE Dividend Growers ETF by 38.7% in the first quarter. Key Financial Inc now owns 92,671 shares of the company’s stock valued at $3,794,000 after purchasing an additional 25,871 shares during the last quarter. Nations Financial Group Inc. IA ADV lifted its position in shares of ProShares MSCI EAFE Dividend Growers ETF by 2.9% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 80,054 shares of the company’s stock worth $3,278,000 after purchasing an additional 2,269 shares during the last quarter. Bank of America Corp DE lifted its position in shares of ProShares MSCI EAFE Dividend Growers ETF by 7.5% during the 3rd quarter. Bank of America Corp DE now owns 61,868 shares of the company’s stock worth $2,608,000 after purchasing an additional 4,307 shares during the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in shares of ProShares MSCI EAFE Dividend Growers ETF during the 3rd quarter worth about $1,565,000.

About ProShares MSCI EAFE Dividend Growers ETF

The ProShares MSCI EAFE Dividend Growers ETF (EFAD) is an exchange-traded fund that is based on the MSCI EAFE Dividend Masters index. The fund tracks an equally weighted broad-market index of developed-market companies, ex-North America, that have raised their dividend for each of the past 10 years. EFAD was launched on Aug 19, 2014 and is managed by ProShares.