Global X MSCI SuperDividend EAFE ETF (NASDAQ:EFAS) Sees Significant Growth in Short Interest

Global X MSCI SuperDividend EAFE ETF (NASDAQ:EFAS) was the target of a significant increase in short interest in March. As of March 15th, there was short interest totalling 31,700 shares, an increase of 3,070.0% from the February 28th total of 1,000 shares. Based on an average trading volume of 4,300 shares, the days-to-cover ratio is currently 7.4 days. Approximately 5.6% of the company’s stock are sold short.

Global X MSCI SuperDividend EAFE ETF Stock Up 0.5 %

EFAS opened at $16.04 on Friday. The company has a market cap of $9.14 million, a P/E ratio of 11.76 and a beta of 0.93. The firm’s 50-day moving average price is $15.09 and its 200-day moving average price is $14.83. Global X MSCI SuperDividend EAFE ETF has a 52-week low of $13.72 and a 52-week high of $16.31.

Global X MSCI SuperDividend EAFE ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 12th. Shareholders of record on Wednesday, March 5th were paid a dividend of $0.0686 per share. The ex-dividend date of this dividend was Wednesday, March 5th.

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.