ProShares MSCI EAFE Dividend Growers ETF (BATS:EFAD) Short Interest Update

ProShares MSCI EAFE Dividend Growers ETF (BATS:EFAD) was the target of a significant growth in short interest in the month of 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. Based on an average trading volume of 2,512 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Trading of ProShares MSCI EAFE Dividend Growers ETF

A number of large investors have recently modified their holdings of EFAD. Fifth Third Bancorp purchased a new stake in shares of ProShares MSCI EAFE Dividend Growers ETF during the first quarter worth $54,000. Osaic Holdings Inc. increased its position in shares of ProShares MSCI EAFE Dividend Growers ETF by 67.8% during the second quarter. Osaic Holdings Inc. now owns 2,376 shares of the company’s stock worth $102,000 after acquiring an additional 960 shares during the period. Jones Financial Companies Lllp increased its position in shares of ProShares MSCI EAFE Dividend Growers ETF by 22.1% during the third quarter. Jones Financial Companies Lllp now owns 2,952 shares of the company’s stock worth $123,000 after acquiring an additional 535 shares during the period. Smith Moore & CO. increased its position in shares of ProShares MSCI EAFE Dividend Growers ETF by 9.2% during the fourth quarter. Smith Moore & CO. now owns 6,813 shares of the company’s stock worth $284,000 after acquiring an additional 576 shares during the period. Finally, MWA Asset Management purchased a new stake in shares of ProShares MSCI EAFE Dividend Growers ETF during the first quarter worth $305,000.

ProShares MSCI EAFE Dividend Growers ETF Trading Up 0.3%

ProShares MSCI EAFE Dividend Growers ETF stock opened at $42.86 on Friday. ProShares MSCI EAFE Dividend Growers ETF has a twelve month low of $39.53 and a twelve month high of $44.14. The stock’s fifty day simple moving average is $42.00 and its 200-day simple moving average is $42.15. The firm has a market capitalization of $71.15 million, a P/E ratio of 21.63 and a beta of 0.77.

About ProShares MSCI EAFE Dividend Growers ETF

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.