Global X MSCI SuperDividend EAFE ETF (NASDAQ:EFAS) Sees Significant Drop in Short Interest

Global X MSCI SuperDividend EAFE ETF (NASDAQ:EFAS) saw a large decline in short interest during the month of February. As of February 13th, there was short interest totaling 18,939 shares, a decline of 77.8% from the January 29th total of 85,406 shares. Based on an average daily volume of 18,652 shares, the days-to-cover ratio is currently 1.0 days. Currently, 1.0% of the shares of the stock are sold short. Currently, 1.0% of the shares of the stock are sold short. Based on an average daily volume of 18,652 shares, the days-to-cover ratio is currently 1.0 days.

Global X MSCI SuperDividend EAFE ETF Trading Up 0.1%

EFAS opened at $21.61 on Friday. The firm has a market capitalization of $41.92 million, a PE ratio of 11.91 and a beta of 0.76. The firm’s 50-day moving average price is $20.24 and its 200 day moving average price is $19.31. Global X MSCI SuperDividend EAFE ETF has a twelve month low of $13.32 and a twelve month high of $21.68.

Global X MSCI SuperDividend EAFE ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 11th. Shareholders of record on Wednesday, February 4th were given a dividend of $0.082 per share. The ex-dividend date was Wednesday, February 4th. This represents a c) annualized dividend and a yield of 4.6%.

Institutional Trading of Global X MSCI SuperDividend EAFE ETF

Institutional investors have recently modified their holdings of the business. Flow Traders U.S. LLC purchased a new stake in Global X MSCI SuperDividend EAFE ETF during the second quarter worth about $621,000. Orion Porfolio Solutions LLC acquired a new position in shares of Global X MSCI SuperDividend EAFE ETF during the 2nd quarter worth $244,000. Farther Finance Advisors LLC purchased a new stake in shares of Global X MSCI SuperDividend EAFE ETF in the 3rd quarter worth about $111,000. Susquehanna International Group LLP acquired a new stake in Global X MSCI SuperDividend EAFE ETF in the 3rd quarter valued at about $362,000. Finally, Jaffetilchin Investment Partners LLC acquired a new stake in Global X MSCI SuperDividend EAFE ETF in the 4th quarter valued at about $261,000.

Global X MSCI SuperDividend EAFE ETF Company Profile

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.