iShares MSCI South Africa ETF (NYSEARCA:EZA) Sees Significant Drop in Short Interest

iShares MSCI South Africa ETF (NYSEARCA:EZA) saw a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 750,877 shares, a decline of 36.6% from the November 30th total of 1,183,529 shares. Based on an average trading volume of 247,279 shares, the short-interest ratio is presently 3.0 days. Approximately 9.5% of the shares of the stock are short sold. Approximately 9.5% of the shares of the stock are short sold. Based on an average trading volume of 247,279 shares, the short-interest ratio is presently 3.0 days.

Institutional Trading of iShares MSCI South Africa ETF

Large investors have recently made changes to their positions in the business. Sumitomo Mitsui Trust Group Inc. lifted its position in iShares MSCI South Africa ETF by 65.9% during the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,141 shares of the exchange traded fund’s stock worth $491,000 after buying an additional 3,631 shares in the last quarter. Strs Ohio acquired a new stake in iShares MSCI South Africa ETF in the 1st quarter valued at about $12,032,000. SG Americas Securities LLC increased its position in iShares MSCI South Africa ETF by 386.7% in the 3rd quarter. SG Americas Securities LLC now owns 27,327 shares of the exchange traded fund’s stock valued at $1,752,000 after acquiring an additional 21,712 shares in the last quarter. Innealta Capital LLC raised its stake in shares of iShares MSCI South Africa ETF by 138.7% in the third quarter. Innealta Capital LLC now owns 21,697 shares of the exchange traded fund’s stock worth $1,391,000 after acquiring an additional 12,608 shares during the last quarter. Finally, ABC Arbitrage SA acquired a new position in shares of iShares MSCI South Africa ETF during the third quarter worth approximately $631,000.

iShares MSCI South Africa ETF Trading Up 1.2%

NYSEARCA EZA traded up $0.80 during trading hours on Tuesday, reaching $69.23. 125,487 shares of the company’s stock were exchanged, compared to its average volume of 188,819. The stock has a market cap of $546.92 million, a PE ratio of 14.34 and a beta of 0.78. iShares MSCI South Africa ETF has a one year low of $39.74 and a one year high of $70.46. The firm has a fifty day moving average of $66.61 and a 200-day moving average of $61.02.

About iShares MSCI South Africa ETF

iShares MSCI South Africa ETF, formerly iShares MSCI South Africa Index Fund (the Fund), is an exchange traded fund. The Fund seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the aggregate in the South African market, as measured by the MSCI South Africa Index (the Index). The Index seeks to measure the performance of the South African equity market. The Index is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.