iShares MSCI EAFE ETF (NYSEARCA:EFA) Short Interest Update

iShares MSCI EAFE ETF (NYSEARCA:EFA) was the target of a significant drop in short interest in January. As of January 15th, there was short interest totaling 34,953,116 shares, a drop of 38.4% from the December 31st total of 56,728,783 shares. Based on an average daily trading volume, of 20,585,062 shares, the days-to-cover ratio is presently 1.7 days. Currently, 4.7% of the company’s stock are sold short. Currently, 4.7% of the company’s stock are sold short. Based on an average daily trading volume, of 20,585,062 shares, the days-to-cover ratio is presently 1.7 days.

iShares MSCI EAFE ETF Price Performance

EFA stock traded down $0.95 during midday trading on Friday, hitting $100.74. The company’s stock had a trading volume of 27,813,412 shares, compared to its average volume of 21,232,055. The stock has a market capitalization of $74.35 billion, a P/E ratio of 16.48 and a beta of 0.84. iShares MSCI EAFE ETF has a twelve month low of $72.14 and a twelve month high of $102.32. The company’s fifty day moving average price is $97.17 and its 200 day moving average price is $94.14.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in EFA. Dynamic Advisor Solutions LLC grew its stake in shares of iShares MSCI EAFE ETF by 20.2% in the third quarter. Dynamic Advisor Solutions LLC now owns 33,486 shares of the exchange traded fund’s stock worth $3,127,000 after acquiring an additional 5,638 shares during the period. HMS Capital Management LLC lifted its holdings in shares of iShares MSCI EAFE ETF by 11.3% in the 3rd quarter. HMS Capital Management LLC now owns 190,530 shares of the exchange traded fund’s stock valued at $17,790,000 after acquiring an additional 19,371 shares during the last quarter. Atlantic Union Bankshares Corp lifted its holdings in shares of iShares MSCI EAFE ETF by 49.7% in the 2nd quarter. Atlantic Union Bankshares Corp now owns 96,644 shares of the exchange traded fund’s stock worth $8,639,000 after acquiring an additional 32,097 shares during the last quarter. Global Retirement Partners LLC grew its holdings in shares of iShares MSCI EAFE ETF by 26.1% in the third quarter. Global Retirement Partners LLC now owns 48,460 shares of the exchange traded fund’s stock worth $4,525,000 after purchasing an additional 10,032 shares during the last quarter. Finally, Ellis Investment Partners LLC lifted its holdings in shares of iShares MSCI EAFE ETF by 153.1% in the 2nd quarter. Ellis Investment Partners LLC now owns 54,314 shares of the exchange traded fund’s stock worth $4,855,000 after buying an additional 32,851 shares during the period. 79.80% of the stock is owned by institutional investors.

iShares MSCI EAFE ETF Company Profile

iShares MSCI EAFE ETF, formerly iShares MSCI EAFE Index Fund (the Fund), is an exchange-traded fund. The Fund’s investment objective is to seek investment results that correspond to the price and yield performance of its underlying index, MSCI EAFE Index (the Index). The Index has been developed by MSCI Inc as an equity benchmark for its international stock performance. The Index includes stocks from Europe, Australasia and the Far East. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.