iShares MSCI EAFE Value ETF (BATS:EFV) Sees Large Increase in Short Interest

iShares MSCI EAFE Value ETF (BATS:EFV) was the target of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 12,786,440 shares, a growth of 269.1% from the June 30th total of 3,464,134 shares. Currently, 3.1% of the shares of the company are short sold. Based on an average daily volume of 6,550,793 shares, the short-interest ratio is currently 2.0 days.

iShares MSCI EAFE Value ETF Stock Performance

BATS EFV opened at $79.05 on Monday. The stock has a 50-day simple moving average of $77.85 and a 200 day simple moving average of $76.61. iShares MSCI EAFE Value ETF has a twelve month low of $62.89 and a twelve month high of $80.14. The stock has a market capitalization of $32.41 billion, a PE ratio of 12.17 and a beta of 0.73.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in EFV. Auto Owners Insurance Co lifted its position in shares of iShares MSCI EAFE Value ETF by 8,167.2% in the 4th quarter. Auto Owners Insurance Co now owns 327,629,080 shares of the company’s stock worth $2,339,599,000 after acquiring an additional 323,666,080 shares during the period. MML Investors Services LLC grew its holdings in shares of iShares MSCI EAFE Value ETF by 68.6% during the 2nd quarter. MML Investors Services LLC now owns 5,691,240 shares of the company’s stock worth $361,280,000 after purchasing an additional 2,316,220 shares in the last quarter. Schroder Investment Management Group bought a new stake in shares of iShares MSCI EAFE Value ETF during the fourth quarter valued at approximately $101,217,000. Ameriprise Financial Inc. increased its position in shares of iShares MSCI EAFE Value ETF by 30.2% during the second quarter. Ameriprise Financial Inc. now owns 5,266,058 shares of the company’s stock valued at $334,826,000 after purchasing an additional 1,222,406 shares during the period. Finally, Bank of America Corp DE increased its position in shares of iShares MSCI EAFE Value ETF by 11.5% during the second quarter. Bank of America Corp DE now owns 9,719,462 shares of the company’s stock valued at $616,991,000 after purchasing an additional 999,564 shares during the period.

iShares MSCI EAFE Value ETF Company Profile

iShares MSCI EAFE Value ETF (the Fund), formerly iShares MSCI EAFE Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI EAFE Value Index. The Index is a subset of the MSCI EAFE Index and constituents of the Index include securities from Europe, Australasia (Australia and Asia), and the Far East. The Fund invests in sectors, such as financials, energy, healthcare, telecommunication services, industrials, utilities, consumer discretionary, materials, information technology and consumer staples.