Short Interest in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) Drops By 92.0%

iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) saw a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 66,808 shares, a drop of 92.0% from the July 30th total of 831,541 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 608,410 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On iShares MSCI EAFE Min Vol Factor ETF

A number of institutional investors have recently made changes to their positions in the business. Morgan Stanley raised its stake in iShares MSCI EAFE Min Vol Factor ETF by 9.0% during the fourth quarter. Morgan Stanley now owns 2,310,102 shares of the company’s stock worth $199,246,000 after acquiring an additional 190,252 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 32.6% during the second quarter. Ameriprise Financial Inc. now owns 767,283 shares of the company’s stock worth $64,520,000 after acquiring an additional 188,461 shares during the period. UBS Group AG raised its stake in iShares MSCI EAFE Min Vol Factor ETF by 9.5% in the 3rd quarter. UBS Group AG now owns 712,195 shares of the company’s stock worth $60,416,000 after purchasing an additional 61,925 shares in the last quarter. Sei Investments Co. raised its stake in iShares MSCI EAFE Min Vol Factor ETF by 1.8% in the 3rd quarter. Sei Investments Co. now owns 633,870 shares of the company’s stock worth $53,766,000 after purchasing an additional 10,997 shares in the last quarter. Finally, Raymond James Financial Inc. increased its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 4.6% in the second quarter. Raymond James Financial Inc. now owns 439,656 shares of the company’s stock valued at $36,957,000 after buying an additional 19,227 shares during the period.

iShares MSCI EAFE Min Vol Factor ETF Price Performance

iShares MSCI EAFE Min Vol Factor ETF stock traded up $0.36 during midday trading on Tuesday, hitting $94.94. 281,171 shares of the stock were exchanged, compared to its average volume of 542,433. iShares MSCI EAFE Min Vol Factor ETF has a 1 year low of $83.36 and a 1 year high of $95.13. The firm has a market cap of $6.20 billion, a P/E ratio of 16.91 and a beta of 0.57. The company has a 50 day moving average price of $90.81 and a two-hundred day moving average price of $91.29.

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.