Short Interest in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) Declines By 92.0%

iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAVGet Free Report) saw a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 66,808 shares, a decrease of 92.0% from the July 30th total of 831,541 shares. Based on an average trading volume of 608,410 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

iShares MSCI EAFE Min Vol Factor ETF Trading Up 0.4%

EFAV traded up $0.36 on Tuesday, hitting $94.94. 281,171 shares of the company’s stock traded hands, compared to its average volume of 542,433. The company’s 50 day simple moving average is $90.81 and its 200-day simple moving average is $91.29. The firm has a market cap of $6.20 billion, a price-to-earnings ratio of 16.91 and a beta of 0.57. iShares MSCI EAFE Min Vol Factor ETF has a one year low of $83.36 and a one year high of $95.13.

Institutional Trading of iShares MSCI EAFE Min Vol Factor ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Frontier Asset Management LLC bought a new position in iShares MSCI EAFE Min Vol Factor ETF in the first quarter worth approximately $2,358,000. Vestcor Inc raised its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 452.1% in the fourth quarter. Vestcor Inc now owns 230,175 shares of the company’s stock valued at $19,853,000 after acquiring an additional 188,483 shares in the last quarter. FSA Advisors Inc. bought a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF in the fourth quarter valued at about $909,000. Lexington Hill Partners LLC purchased a new stake in iShares MSCI EAFE Min Vol Factor ETF in the fourth quarter worth about $831,000. Finally, Compass Financial Group Inc. Ohio purchased a new stake in iShares MSCI EAFE Min Vol Factor ETF in the fourth quarter worth about $3,257,000.

iShares MSCI EAFE Min Vol Factor ETF Company Profile

(Get Free Report)

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.

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