ProShares MSCI EAFE Dividend Growers ETF (BATS:EFAD) Short Interest Up 245.1% in May

ProShares MSCI EAFE Dividend Growers ETF (BATS:EFADGet Free Report) saw a large growth in short interest in May. As of May 15th, there was short interest totaling 994 shares, a growth of 245.1% from the April 30th total of 288 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 2,512 shares, the days-to-cover ratio is currently 0.4 days.

Hedge Funds Weigh In On ProShares MSCI EAFE Dividend Growers ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Key Financial Inc lifted its position in ProShares MSCI EAFE Dividend Growers ETF by 26.5% in the 4th quarter. Key Financial Inc now owns 66,800 shares of the company’s stock valued at $2,785,000 after acquiring an additional 13,980 shares in the last quarter. Osaic Holdings Inc. lifted its position in ProShares MSCI EAFE Dividend Growers ETF by 67.8% in the 2nd quarter. Osaic Holdings Inc. now owns 2,376 shares of the company’s stock valued at $102,000 after acquiring an additional 960 shares in the last quarter. Fifth Third Bancorp bought a new position in ProShares MSCI EAFE Dividend Growers ETF in the 1st quarter valued at about $54,000. Sanctuary Advisors LLC lifted its position in ProShares MSCI EAFE Dividend Growers ETF by 10.8% in the 1st quarter. Sanctuary Advisors LLC now owns 20,136 shares of the company’s stock valued at $824,000 after acquiring an additional 1,964 shares in the last quarter. Finally, MWA Asset Management bought a new position in ProShares MSCI EAFE Dividend Growers ETF in the 1st quarter valued at about $319,000.

ProShares MSCI EAFE Dividend Growers ETF Price Performance

EFAD stock opened at $43.17 on Friday. The stock has a market capitalization of $71.66 million, a PE ratio of 21.63 and a beta of 0.77. The company’s 50-day moving average is $42.05 and its 200-day moving average is $42.16. ProShares MSCI EAFE Dividend Growers ETF has a 1 year low of $39.53 and a 1 year high of $44.14.

About ProShares MSCI EAFE Dividend Growers ETF

(Get Free Report)

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.

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