iShares MSCI EAFE Value ETF (BATS:EFV) Sees Large Increase in Short Interest

iShares MSCI EAFE Value ETF (BATS:EFV) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 12,786,440 shares, a growth of 269.1% from the June 30th total of 3,464,134 shares. Approximately 3.1% of the shares of the company are short sold. Based on an average daily trading volume, of 6,550,793 shares, the days-to-cover ratio is presently 2.0 days.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Comerica Bank raised its holdings in shares of iShares MSCI EAFE Value ETF by 3.0% during the fourth quarter. Comerica Bank now owns 223,545 shares of the company’s stock worth $15,963,000 after purchasing an additional 6,580 shares during the last quarter. Clayton Financial Group LLC boosted its holdings in iShares MSCI EAFE Value ETF by 46.5% in the fourth quarter. Clayton Financial Group LLC now owns 24,612 shares of the company’s stock valued at $1,758,000 after purchasing an additional 7,812 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its position in iShares MSCI EAFE Value ETF by 25.4% during the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 56,048 shares of the company’s stock worth $4,002,000 after purchasing an additional 11,343 shares during the period. D.A. Davidson & CO. grew its position in iShares MSCI EAFE Value ETF by 352.5% during the 1st quarter. D.A. Davidson & CO. now owns 60,013 shares of the company’s stock worth $4,462,000 after purchasing an additional 46,749 shares during the period. Finally, Assetmark Inc. grew its position in iShares MSCI EAFE Value ETF by 401.3% during the 4th quarter. Assetmark Inc. now owns 832,835 shares of the company’s stock worth $59,473,000 after purchasing an additional 666,703 shares during the period.

iShares MSCI EAFE Value ETF Price Performance

BATS EFV opened at $79.55 on Tuesday. The company has a market cap of $32.62 billion, a price-to-earnings ratio of 12.17 and a beta of 0.73. The stock’s fifty day moving average price is $77.88 and its 200 day moving average price is $76.66. iShares MSCI EAFE Value ETF has a 1 year low of $62.89 and a 1 year high of $80.14.

About iShares MSCI EAFE Value ETF

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