iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) Sees Significant Growth in Short Interest

iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 57,737 shares, an increase of 1,949.6% from the May 14th total of 2,817 shares. Based on an average daily volume of 445,039 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

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

A number of large investors have recently made changes to their positions in EFAV. Breakwater Capital Group grew its position in iShares MSCI EAFE Min Vol Factor ETF by 0.6% during the first quarter. Breakwater Capital Group now owns 19,516 shares of the company’s stock valued at $1,783,000 after acquiring an additional 113 shares during the last quarter. Compound Planning Inc. boosted its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 0.9% in the 1st quarter. Compound Planning Inc. now owns 14,264 shares of the company’s stock valued at $1,303,000 after purchasing an additional 123 shares in the last quarter. Johnson Investment Counsel Inc. boosted its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 2.2% in the 3rd quarter. Johnson Investment Counsel Inc. now owns 5,762 shares of the company’s stock valued at $489,000 after purchasing an additional 126 shares in the last quarter. Lido Advisors LLC grew its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 1.0% during the 1st quarter. Lido Advisors LLC now owns 12,777 shares of the company’s stock valued at $1,168,000 after purchasing an additional 126 shares during the last quarter. Finally, Integrated Advisors Network LLC grew its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 2.9% during the 1st quarter. Integrated Advisors Network LLC now owns 4,574 shares of the company’s stock valued at $418,000 after purchasing an additional 129 shares during the last quarter.

iShares MSCI EAFE Min Vol Factor ETF Trading Up 0.2%

Shares of EFAV stock traded up $0.20 during trading on Tuesday, reaching $89.70. 656,809 shares of the company’s stock traded hands, compared to its average volume of 556,599. The firm’s 50-day moving average is $91.48 and its 200 day moving average is $89.79. The company has a market capitalization of $5.86 billion, a P/E ratio of 16.91 and a beta of 0.57. iShares MSCI EAFE Min Vol Factor ETF has a 1 year low of $81.66 and a 1 year high of $95.13.

About iShares MSCI EAFE Min Vol Factor ETF

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.