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

ProShares MSCI EAFE Dividend Growers ETF (BATS:EFAD) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totaling 4,342 shares, an increase of 544.2% from the June 30th total of 674 shares. Based on an average daily volume of 3,227 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.3% of the shares of the stock are sold short.

Institutional Trading of ProShares MSCI EAFE Dividend Growers ETF

A number of large investors have recently made changes to their positions in EFAD. Flow Traders U.S. LLC bought a new position in shares of ProShares MSCI EAFE Dividend Growers ETF in the 3rd quarter valued at about $1,565,000. Key Financial Inc increased its stake in ProShares MSCI EAFE Dividend Growers ETF by 38.7% during the first quarter. Key Financial Inc now owns 92,671 shares of the company’s stock worth $3,794,000 after acquiring an additional 25,871 shares during the last quarter. Bank of America Corp DE increased its stake in ProShares MSCI EAFE Dividend Growers ETF by 45.3% during the second quarter. Bank of America Corp DE now owns 57,561 shares of the company’s stock worth $2,471,000 after acquiring an additional 17,956 shares during the last quarter. MWA Asset Management purchased a new stake in ProShares MSCI EAFE Dividend Growers ETF during the first quarter valued at approximately $319,000. Finally, Raymond James Financial Inc. raised its position in ProShares MSCI EAFE Dividend Growers ETF by 2.9% during the third quarter. Raymond James Financial Inc. now owns 155,466 shares of the company’s stock valued at $6,553,000 after purchasing an additional 4,389 shares during the period.

ProShares MSCI EAFE Dividend Growers ETF Stock Up 1.0%

ProShares MSCI EAFE Dividend Growers ETF stock opened at $42.61 on Friday. The company has a market cap of $70.73 million, a price-to-earnings ratio of 21.63 and a beta of 0.77. The firm’s fifty day moving average is $42.77 and its 200 day moving average is $42.42. ProShares MSCI EAFE Dividend Growers ETF has a 52-week low of $39.53 and a 52-week high of $44.14.

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.