iShares MSCI South Africa ETF (NYSEARCA:EZA) Short Interest Update

iShares MSCI South Africa ETF (NYSEARCA:EZA) saw a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 1,304,564 shares, a growth of 182.2% from the January 15th total of 462,327 shares. Based on an average trading volume of 513,771 shares, the short-interest ratio is presently 2.5 days. Approximately 12.5% of the shares of the stock are sold short. Approximately 12.5% of the shares of the stock are sold short. Based on an average trading volume of 513,771 shares, the short-interest ratio is presently 2.5 days.

iShares MSCI South Africa ETF Price Performance

iShares MSCI South Africa ETF stock traded down $1.53 during midday trading on Thursday, reaching $75.00. The stock had a trading volume of 52,656 shares, compared to its average volume of 442,552. The firm has a market cap of $780.02 million, a price-to-earnings ratio of 14.34 and a beta of 0.78. The firm’s fifty day simple moving average is $71.66 and its two-hundred day simple moving average is $65.31. iShares MSCI South Africa ETF has a twelve month low of $39.74 and a twelve month high of $81.19.

Institutional Trading of iShares MSCI South Africa ETF

A number of hedge funds have recently modified their holdings of the company. Barometer Capital Management Inc. acquired a new stake in shares of iShares MSCI South Africa ETF in the third quarter valued at $320,000. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of iShares MSCI South Africa ETF by 65.9% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,141 shares of the exchange traded fund’s stock worth $491,000 after purchasing an additional 3,631 shares in the last quarter. ABC Arbitrage SA acquired a new stake in shares of iShares MSCI South Africa ETF in the third quarter valued at approximately $631,000. Providence First Trust Co acquired a new position in iShares MSCI South Africa ETF during the 4th quarter worth $908,000. Finally, Innealta Capital LLC increased its stake in shares of iShares MSCI South Africa ETF by 138.7% in the 3rd quarter. Innealta Capital LLC now owns 21,697 shares of the exchange traded fund’s stock valued at $1,391,000 after buying an additional 12,608 shares during the period.

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.