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

ProShares MSCI EAFE Dividend Growers ETF (BATS:EFAD) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 1,991 shares, a drop of 54.1% from the July 15th total of 4,342 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 4,157 shares, the short-interest ratio is currently 0.5 days.

ProShares MSCI EAFE Dividend Growers ETF Stock Performance

Shares of EFAD opened at $44.74 on Monday. The company has a market capitalization of $74.27 million, a P/E ratio of 21.63 and a beta of 0.77. ProShares MSCI EAFE Dividend Growers ETF has a one year low of $39.53 and a one year high of $45.14. The stock has a 50-day moving average price of $43.29 and a 200 day moving average price of $42.65.

Hedge Funds Weigh In On ProShares MSCI EAFE Dividend Growers ETF

A number of institutional investors have recently made changes to their positions in EFAD. Capital Square LLC purchased a new position in shares of ProShares MSCI EAFE Dividend Growers ETF during the 2nd quarter valued at approximately $336,000. MWA Asset Management bought a new stake in shares of ProShares MSCI EAFE Dividend Growers ETF in the first quarter worth $319,000. Sanctuary Advisors LLC raised its holdings in ProShares MSCI EAFE Dividend Growers ETF by 10.8% in the first quarter. Sanctuary Advisors LLC now owns 20,136 shares of the company’s stock valued at $824,000 after acquiring an additional 1,964 shares in the last quarter. Fifth Third Bancorp acquired a new stake in ProShares MSCI EAFE Dividend Growers ETF in the first quarter valued at $54,000. Finally, Key Financial Inc raised its holdings in 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 acquiring an additional 25,871 shares in the last quarter.

ProShares MSCI EAFE Dividend Growers ETF Company Profile

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.