Global X MSCI SuperDividend EAFE ETF (NASDAQ:EFAS) Sees Large Decrease in Short Interest

Global X MSCI SuperDividend EAFE ETF (NASDAQ:EFAS – Get Rating) was the target of a large decline in short interest during the month of May. As of May 15th, there was short interest totalling 6,800 shares, a decline of 54.1% from the April 30th total of 14,800 shares. Based on an average daily volume of 5,300 shares, the short-interest ratio is presently 1.3 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Jane Street Group LLC lifted its holdings in Global X MSCI SuperDividend EAFE ETF by 74.7% in the fourth quarter. Jane Street Group LLC now owns 47,969 shares of the company’s stock valued at $645,000 after acquiring an additional 20,512 shares during the last quarter. LPL Financial LLC lifted its holdings in Global X MSCI SuperDividend EAFE ETF by 19.4% in the second quarter. LPL Financial LLC now owns 15,288 shares of the company’s stock valued at $211,000 after acquiring an additional 2,483 shares during the last quarter. UBS Group AG lifted its holdings in Global X MSCI SuperDividend EAFE ETF by 101.5% in the fourth quarter. UBS Group AG now owns 3,437 shares of the company’s stock valued at $46,000 after acquiring an additional 1,731 shares during the last quarter. Global Retirement Partners LLC acquired a new position in Global X MSCI SuperDividend EAFE ETF in the first quarter valued at approximately $126,000. Finally, Wealthcare Advisory Partners LLC lifted its holdings in Global X MSCI SuperDividend EAFE ETF by 25.5% in the first quarter. Wealthcare Advisory Partners LLC now owns 47,397 shares of the company’s stock valued at $654,000 after acquiring an additional 9,635 shares during the last quarter.

Global X MSCI SuperDividend EAFE ETF Price Performance

Shares of Global X MSCI SuperDividend EAFE ETF stock opened at $13.27 on Friday. The stock has a market cap of $11.41 million, a P/E ratio of 7.13 and a beta of 0.93. The stock’s 50 day simple moving average is $13.91 and its 200-day simple moving average is $13.87. Global X MSCI SuperDividend EAFE ETF has a 1-year low of $11.01 and a 1-year high of $15.47.

Global X MSCI SuperDividend EAFE ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, May 11th. Stockholders of record on Thursday, May 4th were issued a dividend of $0.064 per share. This represents a $0.77 annualized dividend and a dividend yield of 5.79%. The ex-dividend date was Wednesday, May 3rd.

Global X MSCI SuperDividend EAFE ETF Company Profile

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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.