Short Interest in iShares MSCI EAFE ETF (EFA) Increases By 62.8%

iShares MSCI EAFE ETF (NYSEARCA:EFA) was the recipient of a large growth in short interest in October. As of October 15th, there was short interest totalling 44,553,687 shares, a growth of 62.8% from the September 28th total of 27,369,729 shares. Based on an average daily trading volume, of 42,133,269 shares, the days-to-cover ratio is presently 1.1 days.

A number of institutional investors have recently modified their holdings of EFA. Millennium Management LLC lifted its stake in iShares MSCI EAFE ETF by 39.7% in the 1st quarter. Millennium Management LLC now owns 120,473 shares of the exchange traded fund’s stock valued at $8,395,000 after buying an additional 34,252 shares in the last quarter. Principal Financial Group Inc. lifted its stake in iShares MSCI EAFE ETF by 179.0% in the 1st quarter. Principal Financial Group Inc. now owns 450,903 shares of the exchange traded fund’s stock valued at $31,419,000 after buying an additional 289,274 shares in the last quarter. Summit Trail Advisors LLC lifted its stake in iShares MSCI EAFE ETF by 24.9% in the 1st quarter. Summit Trail Advisors LLC now owns 169,479 shares of the exchange traded fund’s stock valued at $7,521,000 after buying an additional 33,744 shares in the last quarter. Cibc Bank USA purchased a new position in iShares MSCI EAFE ETF in the 2nd quarter valued at about $94,353,000. Finally, American National Bank purchased a new position in iShares MSCI EAFE ETF in the 2nd quarter valued at about $25,639,000.

Shares of iShares MSCI EAFE ETF stock opened at $61.26 on Tuesday. iShares MSCI EAFE ETF has a twelve month low of $60.58 and a twelve month high of $75.27.



About iShares MSCI EAFE ETF

iShares MSCI EAFE ETF, formerly iShares MSCI EAFE Index Fund (the Fund), is an exchange-traded fund. The Fund’s investment objective is to seek investment results that correspond to the price and yield performance of its underlying index, MSCI EAFE Index (the Index). The Index has been developed by MSCI Inc as an equity benchmark for its international stock performance.

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