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

ProShares MSCI EAFE Dividend Growers ETF (BATS:EFAD) saw a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 288 shares, a decline of 92.4% from the April 15th total of 3,784 shares. Based on an average daily volume of 5,733 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Trading of ProShares MSCI EAFE Dividend Growers ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EFAD. Jane Street Group LLC increased its stake in ProShares MSCI EAFE Dividend Growers ETF by 61.6% in the first quarter. Jane Street Group LLC now owns 9,181 shares of the company’s stock valued at $356,000 after acquiring an additional 3,501 shares during the period. Bank of America Corp DE increased its stake in ProShares MSCI EAFE Dividend Growers ETF by 45.3% in the second quarter. Bank of America Corp DE now owns 57,561 shares of the company’s stock valued at $2,471,000 after acquiring an additional 17,956 shares during the period. Osaic Holdings Inc. increased its stake in ProShares MSCI EAFE Dividend Growers ETF by 67.8% in the second quarter. Osaic Holdings Inc. now owns 2,376 shares of the company’s stock valued at $102,000 after acquiring an additional 960 shares during the period. Nations Financial Group Inc. IA ADV increased its stake in ProShares MSCI EAFE Dividend Growers ETF by 0.8% in the third quarter. Nations Financial Group Inc. IA ADV now owns 78,898 shares of the company’s stock valued at $3,326,000 after acquiring an additional 641 shares during the period. Finally, Jones Financial Companies Lllp increased its stake in ProShares MSCI EAFE Dividend Growers ETF by 22.1% in the third quarter. Jones Financial Companies Lllp now owns 2,952 shares of the company’s stock valued at $123,000 after acquiring an additional 535 shares during the period.

ProShares MSCI EAFE Dividend Growers ETF Stock Performance

Shares of BATS:EFAD traded down $0.13 on Monday, hitting $42.70. 7,609 shares of the company were exchanged, compared to its average volume of 5,665. The company’s 50 day moving average price is $41.94 and its two-hundred day moving average price is $42.11. ProShares MSCI EAFE Dividend Growers ETF has a one year low of $39.53 and a one year high of $44.14. The firm has a market capitalization of $70.88 million, a price-to-earnings ratio of 21.63 and a beta of 0.77.

About ProShares MSCI EAFE Dividend Growers ETF

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.