ProShares MSCI EAFE Dividend Growers ETF (BATS:EFAD) Short Interest Update

ProShares MSCI EAFE Dividend Growers ETF (BATS:EFAD) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 994 shares, an increase of 245.1% from the April 30th total of 288 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 2,512 shares, the days-to-cover ratio is presently 0.4 days.

ProShares MSCI EAFE Dividend Growers ETF Stock Up 0.3%

Shares of BATS EFAD opened at $42.86 on Friday. The firm has a market cap of $71.15 million, a price-to-earnings ratio of 21.63 and a beta of 0.77. ProShares MSCI EAFE Dividend Growers ETF has a 52-week low of $39.53 and a 52-week high of $44.14. The business’s 50 day moving average is $42.00 and its two-hundred day moving average is $42.15.

Institutional Trading of ProShares MSCI EAFE Dividend Growers ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Key Financial Inc raised its position in ProShares MSCI EAFE Dividend Growers ETF by 26.5% in the fourth quarter. Key Financial Inc now owns 66,800 shares of the company’s stock valued at $2,785,000 after purchasing an additional 13,980 shares during the period. MWA Asset Management purchased a new stake in shares of ProShares MSCI EAFE Dividend Growers ETF during the first quarter worth $305,000. Sanctuary Advisors LLC increased its position in shares of ProShares MSCI EAFE Dividend Growers ETF by 10.8% during the first quarter. Sanctuary Advisors LLC now owns 20,136 shares of the company’s stock worth $824,000 after acquiring an additional 1,964 shares during the period. Fifth Third Bancorp purchased a new stake in shares of ProShares MSCI EAFE Dividend Growers ETF during the first quarter worth $54,000. Finally, Nations Financial Group Inc. IA ADV increased its position in shares of ProShares MSCI EAFE Dividend Growers ETF by 2.9% during the first quarter. Nations Financial Group Inc. IA ADV now owns 80,054 shares of the company’s stock worth $3,278,000 after acquiring an additional 2,269 shares during the period.

About ProShares MSCI EAFE Dividend Growers ETF

The ProShares MSCI EAFE Dividend Growers ETF (EFAD) is an exchange-traded fund that is based on the MSCI EAFE Dividend Masters index. The fund tracks an equally weighted broad-market index of developed-market companies, ex-North America, that have raised their dividend for each of the past 10 years. EFAD was launched on Aug 19, 2014 and is managed by ProShares.