Short Interest in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) Declines By 61.5%

iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 41,710 shares, a drop of 61.5% from the June 15th total of 108,477 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 454,908 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of iShares MSCI EAFE Min Vol Factor ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Tudor Investment Corp ET AL acquired a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF during the 3rd quarter worth approximately $6,465,000. Vestcor Inc increased its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 452.1% during the 4th quarter. Vestcor Inc now owns 230,175 shares of the company’s stock valued at $19,853,000 after purchasing an additional 188,483 shares in the last quarter. Elevation Capital Advisory LLC acquired a new position in shares of iShares MSCI EAFE Min Vol Factor ETF in the 4th quarter valued at $1,899,000. FSA Advisors Inc. acquired a new position in shares of iShares MSCI EAFE Min Vol Factor ETF in the 4th quarter valued at $909,000. Finally, Compass Financial Group Inc. Ohio acquired a new position in shares of iShares MSCI EAFE Min Vol Factor ETF in the 4th quarter valued at $3,257,000.

iShares MSCI EAFE Min Vol Factor ETF Stock Performance

BATS EFAV opened at $89.61 on Monday. The stock has a 50-day simple moving average of $89.79 and a two-hundred day simple moving average of $90.22. The firm has a market capitalization of $5.85 billion, a P/E ratio of 16.91 and a beta of 0.57. 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.

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.