Short Interest in iShares MSCI EAFE Growth ETF (BATS:EFG) Drops By 59.5%

iShares MSCI EAFE Growth ETF (BATS:EFG) saw a large decline in short interest in June. As of June 30th, there was short interest totaling 471,329 shares, a decline of 59.5% from the June 15th total of 1,163,281 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average daily volume of 752,041 shares, the short-interest ratio is presently 0.6 days.

iShares MSCI EAFE Growth ETF Stock Performance

Shares of EFG stock opened at $120.48 on Tuesday. The company has a market capitalization of $14.17 billion, a price-to-earnings ratio of 24.98 and a beta of 0.96. iShares MSCI EAFE Growth ETF has a one year low of $106.33 and a one year high of $125.71. The company’s 50-day moving average is $122.23 and its 200 day moving average is $119.16.

Institutional Investors Weigh In On iShares MSCI EAFE Growth ETF

A number of institutional investors have recently made changes to their positions in EFG. Basepoint Wealth LLC purchased a new position in iShares MSCI EAFE Growth ETF in the 4th quarter worth approximately $25,000. Signature Equity Partners LLC boosted its stake in iShares MSCI EAFE Growth ETF by 1,147.4% during the 1st quarter. Signature Equity Partners LLC now owns 237 shares of the company’s stock valued at $26,000 after purchasing an additional 218 shares during the last quarter. Evermay Wealth Management LLC increased its holdings in shares of iShares MSCI EAFE Growth ETF by 87.0% in the 4th quarter. Evermay Wealth Management LLC now owns 245 shares of the company’s stock worth $28,000 after purchasing an additional 114 shares in the last quarter. Barnes Dennig Private Wealth Management LLC increased its holdings in shares of iShares MSCI EAFE Growth ETF by 327.7% in the 4th quarter. Barnes Dennig Private Wealth Management LLC now owns 278 shares of the company’s stock worth $32,000 after purchasing an additional 213 shares in the last quarter. Finally, Hamilton Point Investment Advisors LLC purchased a new position in shares of iShares MSCI EAFE Growth ETF in the fourth quarter worth $37,000.

iShares MSCI EAFE Growth ETF Company Profile

iShares MSCI EAFE Growth ETF (the Fund), formerly iShares MSCI EAFE Growth Index Fund, is an exchange-traded fund (ETF). The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI EAFE Growth Index (the Index). The Index is a subset of the MSCI EAFE Index and constituents of the Index include securities from Europe, Australasia (Australia and Asia), and the Far East. The Fund invests in sectors, such as consumer staples, industrials, consumer discretionary, materials, healthcare, financials, information technology, energy, telecommunication services and utilities.