Short Interest in ProShares MSCI EAFE Dividend Growers ETF (BATS:EFAD) Expands By 141.4%

ProShares MSCI EAFE Dividend Growers ETF (BATS:EFAD) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 4,806 shares, a growth of 141.4% from the July 30th total of 1,991 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 4,734 shares, the short-interest ratio is currently 1.0 days.

Institutional Investors Weigh In On ProShares MSCI EAFE Dividend Growers ETF

Large investors have recently modified their holdings of the business. Sanctuary Advisors LLC grew its stake in ProShares MSCI EAFE Dividend Growers ETF by 2.4% during the 4th quarter. Sanctuary Advisors LLC now owns 18,172 shares of the company’s stock valued at $758,000 after acquiring an additional 434 shares in the last quarter. Jane Street Group LLC lifted its stake in ProShares MSCI EAFE Dividend Growers ETF by 6.7% in the 4th quarter. Jane Street Group LLC now owns 11,153 shares of the company’s stock worth $465,000 after purchasing an additional 704 shares in the last quarter. Osaic Holdings Inc. lifted its stake in ProShares MSCI EAFE Dividend Growers ETF by 67.8% in the 2nd quarter. Osaic Holdings Inc. now owns 2,376 shares of the company’s stock worth $102,000 after purchasing an additional 960 shares in the last quarter. Wells Fargo & Company MN lifted its stake in ProShares MSCI EAFE Dividend Growers ETF by 9.4% in the 4th quarter. Wells Fargo & Company MN now owns 15,041 shares of the company’s stock worth $627,000 after purchasing an additional 1,297 shares in the last quarter. Finally, Fifth Third Bancorp acquired a new position in shares of ProShares MSCI EAFE Dividend Growers ETF during the 1st quarter worth approximately $54,000.

ProShares MSCI EAFE Dividend Growers ETF Stock Performance

Shares of EFAD opened at $45.16 on Friday. The stock has a 50 day moving average price of $43.74 and a 200 day moving average price of $42.82. ProShares MSCI EAFE Dividend Growers ETF has a one year low of $39.53 and a one year high of $45.58. The stock has a market capitalization of $74.97 million, a price-to-earnings ratio of 21.63 and a beta of 0.77.

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.