Short Interest in iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) Grows By 120.6%

iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 36,126 shares, an increase of 120.6% from the November 30th total of 16,373 shares. Based on an average trading volume of 35,917 shares, the short-interest ratio is currently 1.0 days. Approximately 0.3% of the company’s shares are short sold. Approximately 0.3% of the company’s shares are short sold. Based on an average trading volume of 35,917 shares, the short-interest ratio is currently 1.0 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. JPMorgan Chase & Co. lifted its holdings in iShares MSCI USA Equal Weighted ETF by 8.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 539,349 shares of the company’s stock worth $55,537,000 after buying an additional 40,568 shares in the last quarter. Transcend Capital Advisors LLC increased its position in shares of iShares MSCI USA Equal Weighted ETF by 2.4% during the third quarter. Transcend Capital Advisors LLC now owns 14,512 shares of the company’s stock worth $1,494,000 after acquiring an additional 347 shares during the period. Davidson Investment Advisors raised its stake in shares of iShares MSCI USA Equal Weighted ETF by 12.9% in the third quarter. Davidson Investment Advisors now owns 223,608 shares of the company’s stock valued at $23,025,000 after acquiring an additional 25,633 shares in the last quarter. Davidson Trust Co. acquired a new stake in shares of iShares MSCI USA Equal Weighted ETF in the third quarter valued at $258,000. Finally, Farther Finance Advisors LLC boosted its holdings in iShares MSCI USA Equal Weighted ETF by 6.1% in the third quarter. Farther Finance Advisors LLC now owns 34,777 shares of the company’s stock valued at $3,581,000 after purchasing an additional 1,997 shares during the period.

iShares MSCI USA Equal Weighted ETF Price Performance

Shares of NYSEARCA:EUSA traded down $0.02 during mid-day trading on Friday, reaching $104.72. 29,641 shares of the company were exchanged, compared to its average volume of 79,089. iShares MSCI USA Equal Weighted ETF has a 1 year low of $81.38 and a 1 year high of $105.80. The firm’s 50-day simple moving average is $102.92 and its 200 day simple moving average is $101.67. The firm has a market cap of $1.41 billion, a price-to-earnings ratio of 20.72 and a beta of 1.03.

About iShares MSCI USA Equal Weighted ETF

iShares MSCI USA ETF, formerly iShares MSCI USA Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment resulte that correspond to the price and yield performance of the MSCI USA Index (the Underlying Index). The Underlying Index is a market capitalization weighted index designed to measure the performance of equity securities in the 85% by market capitalization of equity securities listed on stock exchanges in the United States. The Fund invests at least 90% of its assets in the securities of the Underlying Index and in depositary receipts representing securities of the Underlying Index.