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

iShares MSCI South Africa ETF (NYSEARCA:EZA) was the target of a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 133,763 shares, a drop of 78.9% from the February 26th total of 633,155 shares. Approximately 1.3% of the shares of the company are sold short. Based on an average trading volume of 409,887 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 409,887 shares, the short-interest ratio is presently 0.3 days. Approximately 1.3% of the shares of the company are sold short.

Institutional Inflows and Outflows

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

iShares MSCI South Africa ETF Trading Up 3.7%

Shares of iShares MSCI South Africa ETF stock traded up $2.37 during trading on Wednesday, reaching $66.17. The company’s stock had a trading volume of 108,838 shares, compared to its average volume of 417,769. The company has a 50-day moving average price of $73.70 and a two-hundred day moving average price of $68.65. The firm has a market cap of $688.17 million, a PE ratio of 14.34 and a beta of 0.78. iShares MSCI South Africa ETF has a fifty-two week low of $39.74 and a fifty-two week high of $81.75.

iShares MSCI South Africa ETF Company Profile

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.