Global X MSCI SuperDividend EAFE ETF (NASDAQ:EFAS) Short Interest Up 171.4% in June

Global X MSCI SuperDividend EAFE ETF (NASDAQ:EFAS) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totalling 1,900 shares, a growth of 171.4% from the June 15th total of 700 shares. Based on an average daily trading volume, of 2,300 shares, the days-to-cover ratio is presently 0.8 days.

Global X MSCI SuperDividend EAFE ETF Trading Up 1.0 %

NASDAQ:EFAS traded up $0.15 during trading hours on Thursday, reaching $14.74. 1,258 shares of the company traded hands, compared to its average volume of 5,079. The business’s 50-day moving average price is $14.65 and its two-hundred day moving average price is $14.42. The stock has a market capitalization of $11.79 million, a P/E ratio of 7.46 and a beta of 0.93. Global X MSCI SuperDividend EAFE ETF has a 1 year low of $12.57 and a 1 year high of $15.20.

Global X MSCI SuperDividend EAFE ETF Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, July 11th. Stockholders of record on Wednesday, July 3rd will be paid a $0.0675 dividend. This represents a $0.81 annualized dividend and a dividend yield of 5.50%. The ex-dividend date is Wednesday, July 3rd.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Global X MSCI SuperDividend EAFE ETF stock. 3EDGE Asset Management LP increased its position in Global X MSCI SuperDividend EAFE ETF (NASDAQ:EFAS) by 7.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 103,666 shares of the company’s stock after acquiring an additional 7,392 shares during the period. 3EDGE Asset Management LP owned about 13.12% of Global X MSCI SuperDividend EAFE ETF worth $1,496,000 at the end of the most recent reporting period.

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.