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

Global X MSCI SuperDividend EAFE ETF (NASDAQ:EFAS) was the target of a large growth in short interest in the month of July. As of July 31st, there was short interest totalling 2,900 shares, a growth of 16.0% from the July 15th total of 2,500 shares. Based on an average trading volume of 4,500 shares, the short-interest ratio is currently 0.6 days.

Global X MSCI SuperDividend EAFE ETF Stock Up 0.4 %

Global X MSCI SuperDividend EAFE ETF stock traded up $0.07 during midday trading on Friday, hitting $15.03. 2,237 shares of the stock were exchanged, compared to its average volume of 5,294. The stock has a market capitalization of $11.27 million, a PE ratio of 7.46 and a beta of 0.93. The company has a fifty day simple moving average of $14.57 and a two-hundred day simple moving average of $14.50. Global X MSCI SuperDividend EAFE ETF has a 52 week low of $12.57 and a 52 week high of $15.20.

Global X MSCI SuperDividend EAFE ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, August 12th. Stockholders of record on Monday, August 5th were given a dividend of $0.0735 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 5.87%. This is a boost from Global X MSCI SuperDividend EAFE ETF’s previous monthly dividend of $0.05. The ex-dividend date was Monday, August 5th.

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 bought a new stake in Global X MSCI SuperDividend EAFE ETF (NASDAQ:EFAS) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,114 shares of the company’s stock, valued at approximately $44,000. Fortitude Family Office LLC owned 0.39% of Global X MSCI SuperDividend EAFE ETF at the end of the most recent quarter.

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.