iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) Sees Large Growth in Short Interest

iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) was the target of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 474,500 shares, a growth of 169.9% from the March 15th total of 175,800 shares. Currently, 4.3% of the shares of the company are sold short. Based on an average trading volume of 237,200 shares, the short-interest ratio is currently 2.0 days.

Institutional Trading of iShares MSCI Brazil Small-Cap ETF

A number of large investors have recently bought and sold shares of EWZS. National Bank of Canada FI acquired a new position in shares of iShares MSCI Brazil Small-Cap ETF in the 4th quarter valued at approximately $54,000. Bank of Nova Scotia increased its holdings in shares of iShares MSCI Brazil Small-Cap ETF by 29.0% during the fourth quarter. Bank of Nova Scotia now owns 42,980 shares of the company’s stock worth $400,000 after purchasing an additional 9,650 shares during the period. RPg Family Wealth Advisory LLC grew its holdings in shares of iShares MSCI Brazil Small-Cap ETF by 2.7% during the 4th quarter. RPg Family Wealth Advisory LLC now owns 120,398 shares of the company’s stock worth $1,114,000 after purchasing an additional 3,111 shares in the last quarter. Bank of America Corp DE raised its position in iShares MSCI Brazil Small-Cap ETF by 6,219.2% during the fourth 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 in the last quarter. Finally, OLD Mission Capital LLC bought a new position in iShares MSCI Brazil Small-Cap ETF in the 4th quarter valued at approximately $2,413,000.

iShares MSCI Brazil Small-Cap ETF Trading Up 0.1 %

Shares of EWZS traded up $0.01 during midday trading on Wednesday, hitting $10.78. The stock had a trading volume of 77,999 shares, compared to its average volume of 305,139. iShares MSCI Brazil Small-Cap ETF has a fifty-two week low of $9.11 and a fifty-two week high of $13.94. The firm has a market cap of $119.12 million, a P/E ratio of 9.24 and a beta of 1.10. The business has a 50-day simple moving average of $10.61 and a two-hundred day simple moving average of $10.78.

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.