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

Global X MSCI SuperDividend EAFE ETF (NASDAQ:EFAS) was the target of a significant growth in short interest in 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 trading volume of 2,300 shares, the days-to-cover ratio is presently 0.8 days.

Hedge Funds Weigh In On Global X MSCI SuperDividend EAFE ETF

A hedge fund recently bought a new stake in Global X MSCI SuperDividend EAFE ETF stock. Fortitude Family Office LLC purchased a new stake in shares of Global X MSCI SuperDividend EAFE ETF (NASDAQ:EFAS) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 4,063 shares of the company’s stock, valued at approximately $59,000. Fortitude Family Office LLC owned about 0.51% of Global X MSCI SuperDividend EAFE ETF as of its most recent SEC filing.

Global X MSCI SuperDividend EAFE ETF Price Performance

Global X MSCI SuperDividend EAFE ETF stock traded up $0.11 during mid-day trading on Friday, reaching $14.85. The stock had a trading volume of 894 shares, compared to its average volume of 5,047. The company has a market capitalization of $11.14 million, a price-to-earnings ratio of 7.46 and a beta of 0.93. Global X MSCI SuperDividend EAFE ETF has a one year low of $12.57 and a one year high of $15.20. The company has a 50-day moving average price of $14.65 and a two-hundred day moving average price of $14.42.

Global X MSCI SuperDividend EAFE ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, July 11th. Stockholders of record on Wednesday, July 3rd were issued a dividend of $0.0675 per share. This represents a $0.81 dividend on an annualized basis and a dividend yield of 5.45%. The ex-dividend date of this dividend was Wednesday, July 3rd.

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.