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

ProShares MSCI EAFE Dividend Growers ETF (BATS:EFAD) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 994 shares, an increase of 245.1% from the April 30th total of 288 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 2,512 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of ProShares MSCI EAFE Dividend Growers ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Raymond James Financial Inc. increased its stake in ProShares MSCI EAFE Dividend Growers ETF by 2.9% during the 3rd 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 in the last quarter. Key Financial Inc increased its stake in ProShares MSCI EAFE Dividend Growers ETF by 38.7% during the 1st quarter. Key Financial Inc now owns 92,671 shares of the company’s stock valued at $3,794,000 after purchasing an additional 25,871 shares in the last quarter. Nations Financial Group Inc. IA ADV increased its stake in ProShares MSCI EAFE Dividend Growers ETF by 2.9% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 80,054 shares of the company’s stock valued at $3,278,000 after purchasing an additional 2,269 shares in the last quarter. Bank of America Corp DE increased its stake in ProShares MSCI EAFE Dividend Growers ETF by 7.5% during the 3rd quarter. Bank of America Corp DE now owns 61,868 shares of the company’s stock valued at $2,608,000 after purchasing an additional 4,307 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new stake in ProShares MSCI EAFE Dividend Growers ETF during the 3rd quarter valued at about $1,565,000.

ProShares MSCI EAFE Dividend Growers ETF Trading Up 0.7%

BATS:EFAD traded up $0.31 on Friday, reaching $43.17. 2,697 shares of the stock traded hands, compared to its average volume of 5,157. The company has a market capitalization of $71.66 million, a price-to-earnings ratio of 21.63 and a beta of 0.77. ProShares MSCI EAFE Dividend Growers ETF has a 12 month low of $39.53 and a 12 month high of $44.14. The company’s fifty day simple moving average is $42.05 and its 200 day simple moving average is $42.16.

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.