iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) Stock Short Interest Climbs 78.1%

iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 1,047,090 shares, a growth of 78.1% from the September 15th total of 587,801 shares. Based on an average daily volume of 501,073 shares, the short-interest ratio is presently 2.1 days. Currently, 5.8% of the company’s stock are sold short.

iShares MSCI Brazil Small-Cap ETF Trading Up 0.7%

iShares MSCI Brazil Small-Cap ETF stock traded up $0.10 during midday trading on Friday, hitting $15.68. The stock had a trading volume of 8,069,203 shares, compared to its average volume of 559,932. The business has a fifty day moving average price of $13.50 and a 200 day moving average price of $13.80. iShares MSCI Brazil Small-Cap ETF has a 12 month low of $11.70 and a 12 month high of $17.15. The stock has a market cap of $368.53 million, a P/E ratio of 10.78 and a beta of 0.74.

Institutional Trading of iShares MSCI Brazil Small-Cap ETF

Several institutional investors have recently added to or reduced their stakes in the business. SPX Gestao de Recursos Ltda bought a new stake in shares of iShares MSCI Brazil Small-Cap ETF during the 1st quarter valued at about $54,000. Farther Finance Advisors LLC grew its holdings in shares of iShares MSCI Brazil Small-Cap ETF by 59.2% during the third quarter. Farther Finance Advisors LLC now owns 4,802 shares of the company’s stock valued at $64,000 after purchasing an additional 1,785 shares during the last quarter. Group One Trading LLC bought a new position in shares of iShares MSCI Brazil Small-Cap ETF during the first quarter valued at approximately $104,000. Mraz Amerine & Associates Inc. bought a new position in shares of iShares MSCI Brazil Small-Cap ETF during the second quarter valued at approximately $434,000. Finally, Bank of America Corp DE raised its position in shares of iShares MSCI Brazil Small-Cap ETF by 54.9% during the 1st quarter. Bank of America Corp DE now owns 38,059 shares of the company’s stock worth $564,000 after purchasing an additional 13,496 shares during the period.

About iShares MSCI Brazil Small-Cap ETF

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.