Global X MSCI SuperDividend EAFE ETF (NASDAQ:EFAS) Short Interest Update

Global X MSCI SuperDividend EAFE ETF (NASDAQ:EFAS) saw a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 32,594 shares, a drop of 26.7% from the February 26th total of 44,439 shares. Based on an average daily volume of 33,482 shares, the days-to-cover ratio is presently 1.0 days. Currently, 1.7% of the shares of the company are sold short.

Global X MSCI SuperDividend EAFE ETF Stock Down 0.1%

EFAS traded down $0.02 during midday trading on Friday, reaching $20.48. The company had a trading volume of 14,119 shares, compared to its average volume of 23,119. The business has a 50-day moving average of $20.67 and a two-hundred day moving average of $19.55. The company has a market cap of $39.73 million, a P/E ratio of 11.91 and a beta of 0.76. Global X MSCI SuperDividend EAFE ETF has a 1 year low of $13.32 and a 1 year high of $21.68.

Global X MSCI SuperDividend EAFE ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Wednesday, March 11th. Investors of record on Wednesday, March 4th were issued a $0.086 dividend. The ex-dividend date of this dividend was Wednesday, March 4th.

Hedge Funds Weigh In On Global X MSCI SuperDividend EAFE ETF

A number of hedge funds have recently modified their holdings of the company. 3EDGE Asset Management LP increased its stake in shares of Global X MSCI SuperDividend EAFE ETF by 6.6% in the fourth quarter. 3EDGE Asset Management LP now owns 189,165 shares of the company’s stock worth $3,671,000 after purchasing an additional 11,738 shares in the last quarter. Orion Porfolio Solutions LLC increased its stake in Global X MSCI SuperDividend EAFE ETF by 236.1% in the 3rd quarter. Orion Porfolio Solutions LLC now owns 45,069 shares of the company’s stock worth $852,000 after buying an additional 31,658 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in Global X MSCI SuperDividend EAFE ETF during the second quarter valued at about $621,000. Encompass More Asset Management purchased a new position in shares of Global X MSCI SuperDividend EAFE ETF in the fourth quarter valued at about $599,000. Finally, Cetera Investment Advisers boosted its stake in shares of Global X MSCI SuperDividend EAFE ETF by 6.7% in the fourth quarter. Cetera Investment Advisers now owns 19,751 shares of the company’s stock worth $383,000 after acquiring an additional 1,235 shares during the period.

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.