Short Interest in iShares MSCI EAFE Growth ETF (BATS:EFG) Decreases By 59.5%

iShares MSCI EAFE Growth ETF (BATS:EFG) was the recipient of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 471,329 shares, a drop of 59.5% from the June 15th total of 1,163,281 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily volume of 752,041 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Central Pacific Bank Trust Division acquired a new stake in iShares MSCI EAFE Growth ETF in the fourth quarter valued at $735,000. Affinity Capital Advisors LLC raised its position in iShares MSCI EAFE Growth ETF by 4.5% during the 4th quarter. Affinity Capital Advisors LLC now owns 143,393 shares of the company’s stock worth $16,335,000 after purchasing an additional 6,182 shares during the last quarter. Asempa Wealth Advisors acquired a new position in iShares MSCI EAFE Growth ETF during the 4th quarter worth about $1,008,000. LVW Advisors LLC lifted its holdings in iShares MSCI EAFE Growth ETF by 52.7% during the 4th quarter. LVW Advisors LLC now owns 14,464 shares of the company’s stock worth $1,648,000 after buying an additional 4,993 shares during the period. Finally, NewEdge Wealth LLC grew its position in shares of iShares MSCI EAFE Growth ETF by 1,077.6% in the 4th quarter. NewEdge Wealth LLC now owns 47,880 shares of the company’s stock valued at $5,455,000 after buying an additional 43,814 shares during the last quarter.

iShares MSCI EAFE Growth ETF Stock Performance

Shares of EFG stock opened at $122.65 on Monday. The business’s 50-day moving average price is $122.21 and its 200-day moving average price is $119.11. iShares MSCI EAFE Growth ETF has a 12 month low of $106.33 and a 12 month high of $125.71. The firm has a market capitalization of $14.42 billion, a price-to-earnings ratio of 24.98 and a beta of 0.96.

iShares MSCI EAFE Growth ETF Company Profile

iShares MSCI EAFE Growth ETF (the Fund), formerly iShares MSCI EAFE Growth 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 Growth Index (the 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 consumer staples, industrials, consumer discretionary, materials, healthcare, financials, information technology, energy, telecommunication services and utilities.