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

iShares MSCI South Africa ETF (NYSEARCA:EZA) was the target of a large decrease in short interest in February. As of February 27th, there was short interest totaling 633,155 shares, a decrease of 28.1% from the February 12th total of 880,477 shares. Based on an average trading volume of 362,090 shares, the days-to-cover ratio is currently 1.7 days. Approximately 6.1% of the shares of the stock are short sold. Approximately 6.1% of the shares of the stock are short sold. Based on an average trading volume of 362,090 shares, the days-to-cover ratio is currently 1.7 days.

iShares MSCI South Africa ETF Stock Performance

Shares of iShares MSCI South Africa ETF stock traded up $2.48 on Monday, hitting $69.08. The company’s stock had a trading volume of 134,032 shares, compared to its average volume of 416,938. iShares MSCI South Africa ETF has a 1 year low of $39.74 and a 1 year high of $81.75. The firm has a fifty day moving average price of $74.53 and a 200-day moving average price of $68.24. The company has a market capitalization of $718.43 million, a price-to-earnings ratio of 14.34 and a beta of 0.78.

Institutional Trading of iShares MSCI South Africa ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. One Capital Management LLC raised its stake in shares of iShares MSCI South Africa ETF by 0.9% during the 3rd quarter. One Capital Management LLC now owns 28,060 shares of the exchange traded fund’s stock worth $1,799,000 after buying an additional 260 shares during the period. Innealta Capital LLC grew its stake in iShares MSCI South Africa ETF by 19.2% in the 4th quarter. Innealta Capital LLC now owns 25,860 shares of the exchange traded fund’s stock valued at $1,779,000 after acquiring an additional 4,163 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. purchased a new stake in iShares MSCI South Africa ETF in the 4th quarter worth $302,000. Barometer Capital Management Inc. acquired a new position in iShares MSCI South Africa ETF during the third quarter worth $320,000. Finally, Sumitomo Mitsui Trust Group Inc. raised its position in iShares MSCI South Africa ETF by 35.9% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 22,161 shares of the exchange traded fund’s stock worth $1,525,000 after acquiring an additional 5,850 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.