Global X MSCI SuperDividend EAFE ETF (NASDAQ:EFAS) Short Interest Down 77.8% in February

Global X MSCI SuperDividend EAFE ETF (NASDAQ:EFAS) was the target of a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 18,939 shares, a drop of 77.8% from the January 29th total of 85,406 shares. Currently, 1.0% of the shares of the company are short sold. Based on an average trading volume of 18,652 shares, the days-to-cover ratio is presently 1.0 days. Based on an average trading volume of 18,652 shares, the days-to-cover ratio is presently 1.0 days. Currently, 1.0% of the shares of the company are short sold.

Institutional Trading of Global X MSCI SuperDividend EAFE ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Flow Traders U.S. LLC purchased a new stake in Global X MSCI SuperDividend EAFE ETF in the 2nd quarter worth $621,000. 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. Susquehanna International Group LLP bought a new position in shares of Global X MSCI SuperDividend EAFE ETF in the third quarter worth about $362,000. Cetera Investment Advisers grew its position in shares of Global X MSCI SuperDividend EAFE ETF by 6.7% during the fourth quarter. Cetera Investment Advisers now owns 19,751 shares of the company’s stock worth $383,000 after purchasing an additional 1,235 shares in the last quarter. Finally, 3EDGE Asset Management LP raised its stake in Global X MSCI SuperDividend EAFE ETF by 6.6% during the 4th quarter. 3EDGE Asset Management LP now owns 189,165 shares of the company’s stock valued at $3,671,000 after purchasing an additional 11,738 shares during the period.

Global X MSCI SuperDividend EAFE ETF Price Performance

NASDAQ:EFAS opened at $21.56 on Thursday. The firm has a market capitalization of $41.83 million, a price-to-earnings ratio of 11.91 and a beta of 0.76. The business has a fifty day moving average price of $20.14 and a 200-day moving average price of $19.27. Global X MSCI SuperDividend EAFE ETF has a one year low of $13.32 and a one year high of $21.52.

Global X MSCI SuperDividend EAFE ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 11th. Stockholders of record on Wednesday, February 4th were given a dividend of $0.082 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Wednesday, February 4th.

Global X MSCI SuperDividend EAFE ETF Company Profile

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.