iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) Short Interest Up 169.9% in March

iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) was the recipient of a significant growth in short interest in March. As of March 31st, there was short interest totalling 474,500 shares, a growth of 169.9% from the March 15th total of 175,800 shares. Currently, 4.3% of the shares of the company are sold short. Based on an average daily trading volume, of 237,200 shares, the short-interest ratio is presently 2.0 days.

iShares MSCI Brazil Small-Cap ETF Stock Down 0.4 %

Shares of iShares MSCI Brazil Small-Cap ETF stock traded down $0.04 during trading hours on Tuesday, reaching $10.77. 200,179 shares of the company’s stock were exchanged, compared to its average volume of 304,678. The business has a fifty day moving average of $10.61 and a two-hundred day moving average of $10.78. The company has a market capitalization of $119.01 million, a P/E ratio of 9.24 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 $13.94.

Institutional Trading of iShares MSCI Brazil Small-Cap ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. RPg Family Wealth Advisory LLC increased its position in iShares MSCI Brazil Small-Cap ETF by 2.7% during the fourth quarter. RPg Family Wealth Advisory LLC now owns 120,398 shares of the company’s stock worth $1,114,000 after purchasing an additional 3,111 shares during the last quarter. National Bank of Canada FI acquired a new stake in shares of iShares MSCI Brazil Small-Cap ETF in the 4th quarter worth approximately $54,000. Bank of Nova Scotia grew its stake in shares of iShares MSCI Brazil Small-Cap ETF by 29.0% in the 4th quarter. Bank of Nova Scotia now owns 42,980 shares of the company’s stock worth $400,000 after purchasing an additional 9,650 shares during the last quarter. Bank of America Corp DE raised its position in shares of iShares MSCI Brazil Small-Cap ETF by 6,219.2% during the fourth quarter. Bank of America Corp DE now owns 165,121 shares of the company’s stock worth $1,527,000 after purchasing an additional 162,508 shares during the period. Finally, OLD Mission Capital LLC acquired a new stake in shares of iShares MSCI Brazil Small-Cap ETF in the fourth quarter worth $2,413,000.

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.