iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) Short Interest Update

iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) was the target of a large 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. Approximately 4.3% of the company’s shares are short sold. Based on an average trading volume of 237,200 shares, the short-interest ratio is presently 2.0 days.

iShares MSCI Brazil Small-Cap ETF Price Performance

Shares of NASDAQ:EWZS traded up $0.16 during trading on Thursday, reaching $10.94. 188,452 shares of the company were exchanged, compared to its average volume of 304,676. The firm has a market capitalization of $120.89 million, a PE ratio of 9.24 and a beta of 1.10. The business’s fifty day simple moving average is $10.62 and its 200-day simple moving average is $10.78. iShares MSCI Brazil Small-Cap ETF has a 12-month low of $9.11 and a 12-month high of $13.94.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Jane Street Group LLC lifted its position in iShares MSCI Brazil Small-Cap ETF by 3,209.3% during the 4th quarter. Jane Street Group LLC now owns 1,169,789 shares of the company’s stock worth $10,821,000 after acquiring an additional 1,134,440 shares during the period. OLD Mission Capital LLC purchased a new position in shares of iShares MSCI Brazil Small-Cap ETF during the fourth quarter worth $2,413,000. Bank of America Corp DE lifted its holdings in shares of iShares MSCI Brazil Small-Cap ETF by 6,219.2% in the 4th quarter. Bank of America Corp DE now owns 165,121 shares of the company’s stock valued at $1,527,000 after buying an additional 162,508 shares during the period. RPg Family Wealth Advisory LLC lifted its holdings in iShares MSCI Brazil Small-Cap ETF by 2.7% in the fourth quarter. RPg Family Wealth Advisory LLC now owns 120,398 shares of the company’s stock valued at $1,114,000 after acquiring an additional 3,111 shares during the period. Finally, Bank of Nova Scotia boosted its holdings in iShares MSCI Brazil Small-Cap ETF by 29.0% during the fourth quarter. Bank of Nova Scotia now owns 42,980 shares of the company’s stock worth $400,000 after buying an additional 9,650 shares in the last quarter.

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.