iShares MSCI EAFE Growth ETF (BATS:EFG) Short Interest Up 82.1% in May

iShares MSCI EAFE Growth ETF (BATS:EFG) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 699,462 shares, an increase of 82.1% from the April 30th total of 384,125 shares. Currently, 0.6% of the shares of the stock are sold short. Based on an average trading volume of 750,631 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in EFG. Basepoint Wealth LLC bought a new position in shares of iShares MSCI EAFE Growth ETF during the fourth quarter valued at $25,000. Guerra Advisors Inc bought a new position in shares of iShares MSCI EAFE Growth ETF during the third quarter valued at $26,000. Signature Equity Partners LLC lifted its holdings in shares of iShares MSCI EAFE Growth ETF by 1,147.4% during the first quarter. Signature Equity Partners LLC now owns 237 shares of the company’s stock valued at $26,000 after acquiring an additional 218 shares during the period. Evermay Wealth Management LLC lifted its holdings in shares of iShares MSCI EAFE Growth ETF by 87.0% during 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. Finally, Barnes Dennig Private Wealth Management LLC lifted its holdings in shares of iShares MSCI EAFE Growth ETF by 327.7% during 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.

iShares MSCI EAFE Growth ETF Stock Performance

Shares of BATS EFG opened at $123.05 on Tuesday. The stock has a market cap of $14.47 billion, a PE ratio of 24.98 and a beta of 0.96. The business has a fifty day moving average of $117.93 and a two-hundred day moving average of $117.18. iShares MSCI EAFE Growth ETF has a 52-week low of $106.33 and a 52-week high of $124.24.

iShares MSCI EAFE Growth ETF Company Profile

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.