Short Interest in iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) Drops By 99.7%

iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) was the target of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 2,817 shares, a decline of 99.7% from the April 30th total of 1,001,917 shares. Based on an average trading volume of 481,680 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

iShares MSCI EAFE Min Vol Factor ETF Stock Down 0.1%

BATS EFAV opened at $91.03 on Thursday. iShares MSCI EAFE Min Vol Factor ETF has a 52 week low of $81.66 and a 52 week high of $95.13. The business’s fifty day simple moving average is $91.45 and its 200-day simple moving average is $89.52. The firm has a market cap of $5.94 billion, a PE ratio of 16.91 and a beta of 0.57.

Institutional Trading of iShares MSCI EAFE Min Vol Factor ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Thurston Springer Miller Herd & Titak Inc. raised its holdings in iShares MSCI EAFE Min Vol Factor ETF by 5,720.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 291 shares of the company’s stock valued at $25,000 after buying an additional 286 shares during the period. Founders Financial Alliance LLC purchased a new stake in iShares MSCI EAFE Min Vol Factor ETF in the 3rd quarter valued at about $26,000. Princeton Global Asset Management LLC increased its holdings in iShares MSCI EAFE Min Vol Factor ETF by 3,118.2% in the 4th quarter. Princeton Global Asset Management LLC now owns 354 shares of the company’s stock valued at $31,000 after purchasing an additional 343 shares during the last quarter. Wealth Watch Advisors INC acquired a new stake in iShares MSCI EAFE Min Vol Factor ETF in the 3rd quarter valued at approximately $30,000. Finally, EverSource Wealth Advisors LLC increased its holdings in iShares MSCI EAFE Min Vol Factor ETF by 203.2% in the 1st quarter. EverSource Wealth Advisors LLC now owns 379 shares of the company’s stock valued at $35,000 after purchasing an additional 254 shares during the last quarter.

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.