Short Interest in Global X MSCI SuperDividend EAFE ETF (NASDAQ:EFAS) Expands By 85.7%

Global X MSCI SuperDividend EAFE ETF (NASDAQ:EFAS) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 23,049 shares, a growth of 85.7% from the December 15th total of 12,415 shares. Approximately 1.2% of the shares of the company are short sold. Based on an average trading volume of 16,398 shares, the days-to-cover ratio is presently 1.4 days. Based on an average trading volume of 16,398 shares, the days-to-cover ratio is presently 1.4 days. Approximately 1.2% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Farther Finance Advisors LLC purchased a new stake in shares of Global X MSCI SuperDividend EAFE ETF during the 3rd quarter worth approximately $111,000. Orion Porfolio Solutions LLC bought a new position in Global X MSCI SuperDividend EAFE ETF during the second quarter valued at $244,000. Jaffetilchin Investment Partners LLC purchased a new stake in Global X MSCI SuperDividend EAFE ETF in the fourth quarter worth $261,000. Susquehanna International Group LLP bought a new stake in shares of Global X MSCI SuperDividend EAFE ETF in the third quarter valued at $362,000. Finally, Flow Traders U.S. LLC bought a new position in shares of Global X MSCI SuperDividend EAFE ETF during the 2nd quarter worth $621,000.

Global X MSCI SuperDividend EAFE ETF Stock Performance

NASDAQ:EFAS traded down $0.06 during trading on Friday, reaching $19.57. The company’s stock had a trading volume of 7,674 shares, compared to its average volume of 19,352. The firm has a market cap of $36.59 million, a price-to-earnings ratio of 11.91 and a beta of 0.76. Global X MSCI SuperDividend EAFE ETF has a 12 month low of $13.32 and a 12 month high of $19.73. The firm has a 50 day moving average of $19.12 and a 200-day moving average of $18.81.

Global X MSCI SuperDividend EAFE ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 30th were given a $0.1526 dividend. This is a positive change from Global X MSCI SuperDividend EAFE ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a yield of 9.4%. The ex-dividend date of this dividend was Tuesday, December 30th.

About Global X MSCI SuperDividend EAFE ETF

The Global X MSCI SuperDividend EAFE ETF (EFAS) is an exchange-traded fund that is based on the MSCI EAFE Top 50 Dividend index. The fund tracks an index of stocks from developed countries outside North America. After screening for dividend growth and sustainability, the 50 highest yielding stocks are selected and given equal weight. EFAS was launched on Nov 14, 2016 and is managed by Global X.