Short Interest in iShares MSCI EAFE Growth ETF (BATS:EFG) Drops By 60.6%

iShares MSCI EAFE Growth ETF (BATS:EFGGet Free Report) was the recipient of a large drop in short interest in June. As of June 15th, there was short interest totaling 1,163,281 shares, a drop of 60.6% from the May 31st total of 2,950,516 shares. Based on an average trading volume of 983,448 shares, the days-to-cover ratio is presently 1.2 days. Currently, 1.0% of the company’s stock are short sold.

iShares MSCI EAFE Growth ETF Price Performance

Shares of EFG opened at $124.42 on Wednesday. iShares MSCI EAFE Growth ETF has a 1-year low of $106.33 and a 1-year high of $125.71. The stock has a market cap of $14.63 billion, a PE ratio of 24.98 and a beta of 0.96. The firm has a fifty day moving average price of $121.52 and a 200 day moving average price of $118.59.

Institutional Trading of iShares MSCI EAFE Growth ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Basepoint Wealth LLC purchased a new position in iShares MSCI EAFE Growth ETF during the 4th quarter worth approximately $25,000. Signature Equity Partners LLC lifted its stake in iShares MSCI EAFE Growth ETF by 1,147.4% in the first quarter. Signature Equity Partners LLC now owns 237 shares of the company’s stock valued at $26,000 after buying an additional 218 shares during the last quarter. Evermay Wealth Management LLC boosted its holdings in shares of iShares MSCI EAFE Growth ETF by 87.0% in the fourth quarter. Evermay Wealth Management LLC now owns 245 shares of the company’s stock valued at $28,000 after acquiring an additional 114 shares during the period. Barnes Dennig Private Wealth Management LLC boosted its holdings in shares of iShares MSCI EAFE Growth ETF by 327.7% in the fourth quarter. Barnes Dennig Private Wealth Management LLC now owns 278 shares of the company’s stock valued at $32,000 after acquiring an additional 213 shares during the period. Finally, Hamilton Point Investment Advisors LLC purchased a new position in shares of iShares MSCI EAFE Growth ETF during the fourth quarter worth approximately $37,000.

About iShares MSCI EAFE Growth ETF

(Get Free Report)

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.

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