Global X MSCI SuperDividend EAFE ETF (NASDAQ:EFAS) Sees Large Growth in Short Interest

Global X MSCI SuperDividend EAFE ETF (NASDAQ:EFAS) was the target of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 42,082 shares, an increase of 68.1% from the May 14th total of 25,039 shares. Approximately 1.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 11,806 shares, the days-to-cover ratio is currently 3.6 days.

Global X MSCI SuperDividend EAFE ETF Stock Up 0.3%

Shares of NASDAQ:EFAS opened at $21.94 on Wednesday. The business has a fifty day moving average of $21.84 and a two-hundred day moving average of $20.74. The stock has a market cap of $48.05 million, a P/E ratio of 11.91 and a beta of 0.56. Global X MSCI SuperDividend EAFE ETF has a 52-week low of $17.72 and a 52-week high of $22.28.

Global X MSCI SuperDividend EAFE ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, June 10th. Shareholders of record on Wednesday, June 3rd were given a $0.09 dividend. The ex-dividend date of this dividend was Wednesday, June 3rd. This is an increase from Global X MSCI SuperDividend EAFE ETF’s previous dividend of $0.09.

Institutional Investors Weigh In On Global X MSCI SuperDividend EAFE ETF

A number of hedge funds have recently bought and sold shares of the stock. 3EDGE Asset Management LP raised its position in Global X MSCI SuperDividend EAFE ETF by 6.6% in the 4th quarter. 3EDGE Asset Management LP now owns 189,165 shares of the company’s stock valued at $3,671,000 after purchasing an additional 11,738 shares in the last quarter. Orion Porfolio Solutions LLC raised its position in shares of Global X MSCI SuperDividend EAFE ETF by 236.1% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 45,069 shares of the company’s stock worth $852,000 after acquiring an additional 31,658 shares in the last quarter. Encompass More Asset Management acquired a new stake in shares of Global X MSCI SuperDividend EAFE ETF during the 4th quarter worth about $599,000. Cetera Investment Advisers raised its position in shares of Global X MSCI SuperDividend EAFE ETF by 52.0% during the 1st quarter. Cetera Investment Advisers now owns 30,021 shares of the company’s stock worth $636,000 after acquiring an additional 10,270 shares in the last quarter. Finally, Susquehanna International Group LLP acquired a new stake in shares of Global X MSCI SuperDividend EAFE ETF during the 3rd quarter worth about $362,000.

Global X MSCI SuperDividend EAFE ETF Company Profile

The Global X MSCI SuperDividend EAFE ETF (EFAS) is an exchange-traded fund that is based on the MSCI EAFE Top 50 Dividend index. The fund tracks an index of stocks from developed countries outside North America. After screening for dividend growth and sustainability, the 50 highest yielding stocks are selected and given equal weight. EFAS was launched on Nov 14, 2016 and is managed by Global X.