iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) Short Interest Down 18.0% in February

iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) was the target of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 123,600 shares, a decline of 18.0% from the February 13th total of 150,800 shares. Based on an average daily trading volume, of 267,300 shares, the short-interest ratio is currently 0.5 days. Currently, 1.1% of the shares of the company are sold short.

Institutional Trading of iShares MSCI Brazil Small-Cap ETF

Several hedge funds have recently bought and sold shares of the company. RPg Family Wealth Advisory LLC lifted its position in iShares MSCI Brazil Small-Cap ETF by 2.7% in the 4th quarter. RPg Family Wealth Advisory LLC now owns 120,398 shares of the company’s stock valued at $1,114,000 after purchasing an additional 3,111 shares during the last quarter. National Bank of Canada FI bought a new stake in iShares MSCI Brazil Small-Cap ETF in the 4th quarter valued at about $54,000. Bank of Nova Scotia lifted its position in iShares MSCI Brazil Small-Cap ETF by 29.0% in the 4th quarter. Bank of Nova Scotia now owns 42,980 shares of the company’s stock valued at $400,000 after purchasing an additional 9,650 shares during the last quarter. Bank of America Corp DE lifted its position in iShares MSCI Brazil Small-Cap ETF by 6,219.2% in the 4th quarter. Bank of America Corp DE now owns 165,121 shares of the company’s stock valued at $1,527,000 after purchasing an additional 162,508 shares during the last quarter. Finally, OLD Mission Capital LLC bought a new stake in iShares MSCI Brazil Small-Cap ETF in the 4th quarter valued at about $2,413,000.

iShares MSCI Brazil Small-Cap ETF Stock Performance

NASDAQ EWZS opened at $11.21 on Thursday. iShares MSCI Brazil Small-Cap ETF has a one year low of $9.11 and a one year high of $14.73. The company has a 50-day simple moving average of $10.30 and a 200-day simple moving average of $11.04. The firm has a market capitalization of $131.16 million, a PE ratio of 9.76 and a beta of 1.38.

iShares MSCI Brazil Small-Cap ETF Company Profile

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.