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

iShares MSCI South Africa ETF (NYSEARCA:EZA) was the recipient of a large decline in short interest in June. As of June 30th, there was short interest totaling 147,124 shares, a decline of 52.1% from the June 15th total of 307,048 shares. Based on an average daily trading volume, of 269,127 shares, the days-to-cover ratio is currently 0.5 days. Approximately 1.7% of the company’s stock are short sold.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Banco Bilbao Vizcaya Argentaria S.A. acquired a new position in shares of iShares MSCI South Africa ETF during the 4th quarter worth approximately $302,000. Providence First Trust Co acquired a new stake in shares of iShares MSCI South Africa ETF in the 4th quarter valued at approximately $908,000. Sumitomo Mitsui Trust Group Inc. grew its stake in shares of iShares MSCI South Africa ETF by 35.9% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 22,161 shares of the exchange traded fund’s stock valued at $1,525,000 after buying an additional 5,850 shares in the last quarter. Innealta Capital LLC grew its stake in shares of iShares MSCI South Africa ETF by 19.2% in the fourth quarter. Innealta Capital LLC now owns 25,860 shares of the exchange traded fund’s stock valued at $1,779,000 after buying an additional 4,163 shares in the last quarter. Finally, One Capital Management LLC grew its stake 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 in the last quarter.

iShares MSCI South Africa ETF Trading Up 0.5%

Shares of iShares MSCI South Africa ETF stock traded up $0.29 during trading hours on Wednesday, reaching $63.74. 143,850 shares of the company’s stock were exchanged, compared to its average volume of 302,185. The stock has a market cap of $548.16 million, a P/E ratio of 14.34 and a beta of 0.75. The company has a 50 day moving average of $66.35 and a two-hundred day moving average of $69.98. iShares MSCI South Africa ETF has a fifty-two week low of $52.74 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.