iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) Sees Large Decline in Short Interest

iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) was the recipient of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 428,435 shares, a decrease of 19.7% from the December 15th total of 533,582 shares. Based on an average trading volume of 243,302 shares, the short-interest ratio is currently 1.8 days. Approximately 3.3% of the company’s shares are short sold. Approximately 3.3% of the company’s shares are short sold. Based on an average trading volume of 243,302 shares, the short-interest ratio is currently 1.8 days.

iShares MSCI Brazil Small-Cap ETF Trading Down 1.3%

iShares MSCI Brazil Small-Cap ETF stock traded down $0.17 during mid-day trading on Monday, hitting $13.36. The company’s stock had a trading volume of 249,171 shares, compared to its average volume of 309,506. The stock’s fifty day moving average is $13.48 and its two-hundred day moving average is $13.24. The firm has a market capitalization of $189.04 million, a PE ratio of 10.78 and a beta of 1.01. iShares MSCI Brazil Small-Cap ETF has a 1 year low of $9.53 and a 1 year high of $14.62.

iShares MSCI Brazil Small-Cap ETF Cuts Dividend

The firm also recently disclosed a special dividend, which was paid on Monday, January 5th. Investors of record on Tuesday, December 30th were given a dividend of $0.0899 per share. This represents a dividend yield of 138.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Royal Bank of Canada boosted its stake in iShares MSCI Brazil Small-Cap ETF by 644.2% during the first quarter. Royal Bank of Canada now owns 50,254 shares of the company’s stock worth $541,000 after buying an additional 43,501 shares during the period. Perigon Wealth Management LLC acquired a new position in shares of iShares MSCI Brazil Small-Cap ETF in the 2nd quarter worth approximately $813,000. Griffin Asset Management Inc. purchased a new position in shares of iShares MSCI Brazil Small-Cap ETF during the 2nd quarter worth approximately $222,000. Primoris Wealth Advisors LLC purchased a new position in shares of iShares MSCI Brazil Small-Cap ETF during the 2nd quarter worth approximately $1,402,000. Finally, Envestnet Asset Management Inc. acquired a new stake in iShares MSCI Brazil Small-Cap ETF in the 2nd quarter valued at approximately $161,000.

iShares MSCI Brazil Small-Cap ETF Company Profile

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.