iShares MSCI EAFE Index Fund (EFA) Short Interest Down 32.8% in December

iShares MSCI EAFE Index Fund (NYSEARCA:EFA) saw a significant drop in short interest during the month of December. As of December 29th, there was short interest totalling 35,184,217 shares, a drop of 32.8% from the December 15th total of 52,370,923 shares. Based on an average daily volume of 23,294,989 shares, the short-interest ratio is presently 1.5 days.

Hedge funds and other institutional investors have recently bought and sold shares of the company. JPMorgan Chase & Co. increased its holdings in iShares MSCI EAFE Index Fund by 1.7% during the third quarter. JPMorgan Chase & Co. now owns 145,472,601 shares of the exchange traded fund’s stock worth $9,903,775,000 after buying an additional 2,365,932 shares during the last quarter. Northern Trust Corp increased its holdings in iShares MSCI EAFE Index Fund by 5.7% during the second quarter. Northern Trust Corp now owns 26,988,956 shares of the exchange traded fund’s stock worth $1,759,681,000 after buying an additional 1,457,915 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in iShares MSCI EAFE Index Fund by 44.0% during the third quarter. Ameriprise Financial Inc. now owns 23,249,331 shares of the exchange traded fund’s stock worth $1,591,794,000 after buying an additional 7,103,366 shares during the last quarter. FMR LLC increased its holdings in iShares MSCI EAFE Index Fund by 69.1% during the second quarter. FMR LLC now owns 12,787,316 shares of the exchange traded fund’s stock worth $833,733,000 after buying an additional 5,225,646 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in iShares MSCI EAFE Index Fund by 3.1% during the third quarter. Bank of New York Mellon Corp now owns 12,022,448 shares of the exchange traded fund’s stock worth $823,296,000 after buying an additional 359,896 shares during the last quarter.

Shares of iShares MSCI EAFE Index Fund (NYSEARCA EFA) opened at $74.13 on Friday. iShares MSCI EAFE Index Fund has a fifty-two week low of $58.87 and a fifty-two week high of $74.14. The stock has a market cap of $89,400.00 and a P/E ratio of -79.71.

The firm also recently disclosed a semiannual dividend, which was paid on Tuesday, December 26th. Stockholders of record on Wednesday, December 20th were issued a $0.7426 dividend. The ex-dividend date of this dividend was Tuesday, December 19th. This represents a dividend yield of 2.13%. iShares MSCI EAFE Index Fund’s dividend payout ratio (DPR) is presently -194.62%.

TRADEMARK VIOLATION NOTICE: This piece was first posted by StockNewsTimes and is owned by of StockNewsTimes. If you are accessing this piece on another domain, it was copied illegally and reposted in violation of US & international copyright laws. The correct version of this piece can be read at https://stocknewstimes.com/2018/01/21/ishares-msci-eafe-index-fund-efa-short-interest-down-32-8-in-december.html.

About iShares MSCI EAFE Index Fund

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.

Receive News & Ratings for iShares MSCI EAFE Index Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI EAFE Index Fund and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply