iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) Short Interest Up 87.9% in June

iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 108,477 shares, an increase of 87.9% from the May 31st total of 57,737 shares. Based on an average daily volume of 536,317 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the company’s shares are short sold.

iShares MSCI EAFE Min Vol Factor ETF Price Performance

iShares MSCI EAFE Min Vol Factor ETF stock opened at $87.71 on Wednesday. The firm has a 50 day simple moving average of $90.15 and a 200-day simple moving average of $90.05. The stock has a market cap of $5.73 billion, a price-to-earnings ratio of 16.91 and a beta of 0.57. iShares MSCI EAFE Min Vol Factor ETF has a 1-year low of $81.66 and a 1-year high of $95.13.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in EFAV. Breakwater Capital Group lifted its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 0.6% in the 1st quarter. Breakwater Capital Group now owns 19,516 shares of the company’s stock valued at $1,783,000 after purchasing an additional 113 shares during the last quarter. Compound Planning Inc. lifted its position in iShares MSCI EAFE Min Vol Factor ETF by 0.9% in the first quarter. Compound Planning Inc. now owns 14,264 shares of the company’s stock valued at $1,303,000 after buying an additional 123 shares during the last quarter. Lido Advisors LLC increased its position in shares of iShares MSCI EAFE Min Vol Factor ETF by 1.0% during the first quarter. Lido Advisors LLC now owns 12,777 shares of the company’s stock valued at $1,168,000 after acquiring an additional 126 shares during the last quarter. Integrated Advisors Network LLC raised its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 2.9% in the 1st quarter. Integrated Advisors Network LLC now owns 4,574 shares of the company’s stock valued at $418,000 after acquiring an additional 129 shares during the period. Finally, Joel Isaacson & Co. LLC raised its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 1.4% in the 4th quarter. Joel Isaacson & Co. LLC now owns 10,258 shares of the company’s stock valued at $885,000 after acquiring an additional 138 shares during the period.

iShares MSCI EAFE Min Vol Factor ETF Company Profile

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.