iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) Sees Large Increase in Short Interest

iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 109,740 shares, a growth of 163.1% from the June 30th total of 41,710 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 402,149 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of iShares MSCI EAFE Min Vol Factor ETF

Large investors have recently made changes to their positions in the business. Brighton Jones LLC lifted its position in iShares MSCI EAFE Min Vol Factor ETF by 41.7% during the 4th quarter. Brighton Jones LLC now owns 3,780 shares of the company’s stock worth $267,000 after buying an additional 1,112 shares in the last quarter. AQR Capital Management LLC bought a new stake in iShares MSCI EAFE Min Vol Factor ETF during the 1st quarter worth about $1,113,000. Qube Research & Technologies Ltd increased its position in iShares MSCI EAFE Min Vol Factor ETF by 19.2% in the 2nd quarter. Qube Research & Technologies Ltd now owns 53,619 shares of the company’s stock valued at $4,507,000 after acquiring an additional 8,642 shares in the last quarter. NewEdge Advisors LLC increased its position in iShares MSCI EAFE Min Vol Factor ETF by 4.9% in the 2nd quarter. NewEdge Advisors LLC now owns 62,934 shares of the company’s stock valued at $5,290,000 after acquiring an additional 2,948 shares in the last quarter. Finally, Sei Investments Co. increased its position in iShares MSCI EAFE Min Vol Factor ETF by 7.1% in the 2nd quarter. Sei Investments Co. now owns 622,873 shares of the company’s stock valued at $52,357,000 after acquiring an additional 41,032 shares in the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Price Performance

EFAV stock opened at $92.52 on Wednesday. The business has a fifty day moving average price of $89.65 and a 200 day moving average price of $90.57. iShares MSCI EAFE Min Vol Factor ETF has a fifty-two week low of $81.66 and a fifty-two week high of $95.13. The stock has a market capitalization of $6.04 billion, a price-to-earnings ratio of 16.91 and a beta of 0.57.

About iShares MSCI EAFE Min Vol Factor ETF

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.