Global X MSCI SuperDividend EAFE ETF (NASDAQ:EFAS) Sees Large Growth in Short Interest

Global X MSCI SuperDividend EAFE ETF (NASDAQ:EFAS) was the target of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 42,082 shares, a growth of 68.1% from the May 14th total of 25,039 shares. Based on an average daily volume of 11,806 shares, the days-to-cover ratio is presently 3.6 days. Approximately 1.9% of the shares of the stock are sold short.

Institutional Investors Weigh In On Global X MSCI SuperDividend EAFE ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Cetera Investment Advisers lifted its holdings in shares of Global X MSCI SuperDividend EAFE ETF by 6.7% in the fourth quarter. Cetera Investment Advisers now owns 19,751 shares of the company’s stock worth $383,000 after acquiring an additional 1,235 shares during the last quarter. SHP Wealth Management bought a new position in shares of Global X MSCI SuperDividend EAFE ETF in the fourth quarter worth about $49,000. 3EDGE Asset Management LP lifted its holdings in shares of Global X MSCI SuperDividend EAFE ETF by 6.6% in the fourth quarter. 3EDGE Asset Management LP now owns 189,165 shares of the company’s stock worth $3,671,000 after acquiring an additional 11,738 shares during the last quarter. Crux Wealth Advisors bought a new position in shares of Global X MSCI SuperDividend EAFE ETF in the fourth quarter worth about $258,000. Finally, Orion Porfolio Solutions LLC bought a new position in shares of Global X MSCI SuperDividend EAFE ETF in the second quarter worth about $244,000.

Global X MSCI SuperDividend EAFE ETF Price Performance

EFAS traded down $0.07 on Monday, hitting $21.88. 11,395 shares of the stock were exchanged, compared to its average volume of 22,268. Global X MSCI SuperDividend EAFE ETF has a 12 month low of $17.72 and a 12 month high of $22.28. The business has a 50-day moving average of $21.82 and a two-hundred day moving average of $20.69. The firm has a market capitalization of $47.92 million, a price-to-earnings ratio of 11.91 and a beta of 0.56.

Global X MSCI SuperDividend EAFE ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, June 3rd were given a dividend of $0.09 per share. This is a positive change from Global X MSCI SuperDividend EAFE ETF’s previous dividend of $0.09. The ex-dividend date of this dividend was Wednesday, June 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.