iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) Stock Short Interest Rises 189.0%

iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) saw a significant increase in short interest in September. As of September 30th, there was short interest totaling 148,276 shares, an increase of 189.0% from the September 15th total of 51,311 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 551,646 shares, the days-to-cover ratio is currently 0.3 days.

iShares MSCI EAFE Min Vol Factor ETF Price Performance

Shares of BATS EFAV opened at $92.44 on Wednesday. iShares MSCI EAFE Min Vol Factor ETF has a 1-year low of $83.76 and a 1-year high of $95.34. The business has a 50-day moving average of $93.20 and a 200-day moving average of $91.55. The company has a market capitalization of $6.04 billion, a price-to-earnings ratio of 16.91 and a beta of 0.57.

Hedge Funds Weigh In On iShares MSCI EAFE Min Vol Factor ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Breakwater Capital Group boosted its holdings in iShares MSCI EAFE Min Vol Factor ETF by 0.6% in the first quarter. Breakwater Capital Group now owns 19,516 shares of the company’s stock worth $1,783,000 after acquiring an additional 113 shares in the last quarter. Farther Finance Advisors LLC grew its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 1.4% in the third quarter. Farther Finance Advisors LLC now owns 8,408 shares of the company’s stock worth $766,000 after acquiring an additional 113 shares during the last quarter. IFP Advisors Inc grew its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 2.6% in the second quarter. IFP Advisors Inc now owns 4,514 shares of the company’s stock worth $396,000 after acquiring an additional 115 shares during the last quarter. Compound Planning Inc. grew its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 0.9% in the first quarter. Compound Planning Inc. now owns 14,264 shares of the company’s stock worth $1,303,000 after acquiring an additional 123 shares during the last quarter. Finally, Lido Advisors LLC increased its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 1.0% during the first quarter. Lido Advisors LLC now owns 12,777 shares of the company’s stock valued at $1,168,000 after acquiring an additional 126 shares in the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Company Profile

The iShares MSCI EAFE Min Vol Factor ETF (EFAV) is an exchange-traded fund that is based on the MSCI EAFE Minimum Volatility (USD) index. The fund tracks an index of developed-market equities, ex-US and Canada, selected and weighted to create a low volatility portfolio subject to constraints including sector exposure. EFAV was launched on Oct 18, 2011 and is managed by BlackRock.