Short Interest in iShares Core MSCI EAFE ETF (BATS:IEFA) Grows By 134.0%

iShares Core MSCI EAFE ETF (BATS:IEFA) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 9,368,646 shares, a growth of 134.0% from the June 30th total of 4,004,093 shares. Based on an average daily volume of 9,651,567 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.5% of the shares of the stock are sold short.

Hedge Funds Weigh In On iShares Core MSCI EAFE ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in IEFA. Kopp Family Office LLC purchased a new position in shares of iShares Core MSCI EAFE ETF during the second quarter worth about $26,000. Lloyd Advisory Services LLC. bought a new stake in iShares Core MSCI EAFE ETF during the fourth quarter valued at approximately $26,000. Robinswood Financial LLC purchased a new position in iShares Core MSCI EAFE ETF in the 1st quarter worth approximately $26,000. Security National Bank purchased a new position in iShares Core MSCI EAFE ETF in the 4th quarter worth approximately $27,000. Finally, Wilkerson Advisory Group LLC bought a new position in shares of iShares Core MSCI EAFE ETF in the 4th quarter worth $29,000.

iShares Core MSCI EAFE ETF Price Performance

Shares of BATS:IEFA opened at $96.83 on Tuesday. The firm has a fifty day moving average price of $96.85 and a two-hundred day moving average price of $95.07. The company has a market cap of $165.58 billion, a price-to-earnings ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a one year low of $81.17 and a one year high of $98.83.

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.