Global X MSCI SuperDividend EAFE ETF (NASDAQ:EFAS) Stock Short Interest Declines 91.2%

Global X MSCI SuperDividend EAFE ETF (NASDAQ:EFAS) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 3,382 shares, a decrease of 91.2% from the August 31st total of 38,588 shares. Based on an average trading volume of 29,145 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On Global X MSCI SuperDividend EAFE ETF

A number of large investors have recently bought and sold shares of EFAS. SHP Wealth Management acquired a new position in Global X MSCI SuperDividend EAFE ETF during the fourth quarter valued at $49,000. Atlas Brown Inc. acquired a new stake in Global X MSCI SuperDividend EAFE ETF during the 2nd quarter worth about $212,000. Finally, Cetera Investment Advisers grew its position in Global X MSCI SuperDividend EAFE ETF by 52.0% during the 1st quarter. Cetera Investment Advisers now owns 30,021 shares of the company’s stock worth $636,000 after purchasing an additional 10,270 shares during the period.

Global X MSCI SuperDividend EAFE ETF Price Performance

EFAS traded up $0.06 on Thursday, reaching $22.31. 14,498 shares of the stock were exchanged, compared to its average volume of 21,169. The company’s 50-day moving average price is $22.90 and its 200 day moving average price is $22.01. Global X MSCI SuperDividend EAFE ETF has a fifty-two week low of $18.27 and a fifty-two week high of $23.50. The firm has a market capitalization of $62.47 million, a PE ratio of 11.91 and a beta of 0.57.

Global X MSCI SuperDividend EAFE ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, September 11th. Stockholders of record on Thursday, September 3rd were paid a $0.09 dividend. This represents a $1.08 annualized dividend and a dividend yield of 4.8%. The ex-dividend date was Thursday, September 3rd.

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.