iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) Short Interest Up 28.7% in August

iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) was the recipient of a large growth in short interest in the month of August. As of August 15th, there was short interest totaling 336,500 shares, a growth of 28.7% from the July 31st total of 261,400 shares. Based on an average daily trading volume, of 524,100 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily trading volume, of 524,100 shares, the days-to-cover ratio is presently 0.6 days.

iShares MSCI Brazil Small-Cap ETF Price Performance

Shares of EWZS opened at $13.49 on Wednesday. The business has a 50-day moving average of $12.66 and a 200-day moving average of $12.00. The company has a market capitalization of $180.09 million, a price-to-earnings ratio of 10.78 and a beta of 1.10. iShares MSCI Brazil Small-Cap ETF has a 1 year low of $9.11 and a 1 year high of $13.81.

iShares MSCI Brazil Small-Cap ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, June 20th. Stockholders of record on Monday, June 16th were paid a $0.1289 dividend. The ex-dividend date of this dividend was Monday, June 16th.

Hedge Funds Weigh In On iShares MSCI Brazil Small-Cap ETF

A number of hedge funds have recently bought and sold shares of the company. Geneos Wealth Management Inc. acquired a new stake in iShares MSCI Brazil Small-Cap ETF during the 2nd quarter worth about $47,000. Marshall Wace LLP bought a new position in shares of iShares MSCI Brazil Small-Cap ETF in the 2nd quarter worth $138,000. Envestnet Asset Management Inc. acquired a new position in shares of iShares MSCI Brazil Small-Cap ETF during the second quarter valued at about $161,000. Griffin Asset Management Inc. bought a new stake in iShares MSCI Brazil Small-Cap ETF during the 2nd quarter worth approximately $222,000. Finally, Bank of Montreal Can purchased a new position in iShares MSCI Brazil Small-Cap ETF in the second quarter worth $248,000.

About iShares MSCI Brazil Small-Cap ETF

iShares MSCI Brazil Small-Cap ETF, formerly iShares MSCI Brazil Small Cap Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI Brazil Small Cap Index (the Underlying Index). The Underlying Index is a free-float adjusted market capitalization weighted index designed to measure the performance of equity securities in the bottom 14% by market capitalization of equity securities listed on stock exchanges in Brazil.