iShares Core MSCI EAFE ETF (BATS:IEFA) Sees Significant Increase in Short Interest

iShares Core MSCI EAFE ETF (BATS:IEFA) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 12,019,034 shares, an increase of 61.9% from the August 15th total of 7,425,747 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average trading volume of 6,939,930 shares, the days-to-cover ratio is currently 1.7 days.

iShares Core MSCI EAFE ETF Stock Performance

Shares of BATS:IEFA opened at $98.93 on Friday. iShares Core MSCI EAFE ETF has a 52-week low of $85.03 and a 52-week high of $101.44. The firm has a market capitalization of $169.17 billion, a P/E ratio of 16.18 and a beta of 0.84. The stock has a 50 day moving average price of $99.09 and a 200-day moving average price of $96.38.

Hedge Funds Weigh In On iShares Core MSCI EAFE ETF

Institutional investors have recently added to or reduced their stakes in the company. Wells Fargo & Company MN grew its position in shares of iShares Core MSCI EAFE ETF by 3.8% in the 4th quarter. Wells Fargo & Company MN now owns 79,118,875 shares of the company’s stock worth $7,077,975,000 after buying an additional 2,898,461 shares during the period. LPL Financial LLC increased its stake in shares of iShares Core MSCI EAFE ETF by 4.6% during the fourth quarter. LPL Financial LLC now owns 40,788,933 shares of the company’s stock valued at $3,648,978,000 after purchasing an additional 1,799,732 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of iShares Core MSCI EAFE ETF by 8.4% during the first quarter. Bank of New York Mellon Corp now owns 38,117,521 shares of the company’s stock valued at $3,450,779,000 after purchasing an additional 2,957,022 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares Core MSCI EAFE ETF by 3.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 34,998,927 shares of the company’s stock valued at $3,131,004,000 after purchasing an additional 1,044,074 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of iShares Core MSCI EAFE ETF by 179.9% during the fourth quarter. JPMorgan Chase & Co. now owns 18,177,164 shares of the company’s stock valued at $1,626,129,000 after purchasing an additional 40,918,156 shares during the last quarter.

About iShares Core MSCI EAFE ETF

The iShares Core MSCI EAFE ETF (IEFA) is an exchange-traded fund that is based on the MSCI EAFE IMI index, a market-cap-weighted index of developed-market stocks in Europe, Australasia and the Far East, and excludes North America IEFA was launched on Oct 18, 2012 and is managed by BlackRock.