iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) Short Interest Up 1,949.6% in May

iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 57,737 shares, a growth of 1,949.6% from the May 14th total of 2,817 shares. Based on an average daily trading volume, of 445,039 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

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

Several institutional investors have recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. increased its position in iShares MSCI EAFE Min Vol Factor ETF by 5,720.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 291 shares of the company’s stock worth $25,000 after buying an additional 286 shares during the last quarter. Founders Financial Alliance LLC bought a new position in shares of iShares MSCI EAFE Min Vol Factor ETF during the 3rd quarter worth $26,000. Princeton Global Asset Management LLC increased its holdings in iShares MSCI EAFE Min Vol Factor ETF by 3,118.2% in the 4th quarter. Princeton Global Asset Management LLC now owns 354 shares of the company’s stock worth $31,000 after acquiring an additional 343 shares during the last quarter. Wealth Watch Advisors INC purchased a new stake in iShares MSCI EAFE Min Vol Factor ETF in the 3rd quarter worth about $30,000. Finally, EverSource Wealth Advisors LLC raised its stake in iShares MSCI EAFE Min Vol Factor ETF by 203.2% in the 1st quarter. EverSource Wealth Advisors LLC now owns 379 shares of the company’s stock valued at $35,000 after acquiring an additional 254 shares during the period.

iShares MSCI EAFE Min Vol Factor ETF Stock Performance

EFAV stock traded up $0.20 during mid-day trading on Tuesday, hitting $89.70. The company had a trading volume of 656,809 shares, compared to its average volume of 556,599. The firm has a market cap of $5.86 billion, a PE ratio of 16.91 and a beta of 0.57. iShares MSCI EAFE Min Vol Factor ETF has a 12 month low of $81.66 and a 12 month high of $95.13. The stock’s fifty day moving average price is $91.48 and its two-hundred day moving average price is $89.79.

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.