iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) Short Interest Up 826.9% in March

iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 24,100 shares, a growth of 826.9% from the February 29th total of 2,600 shares. Based on an average trading volume of 574,800 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On iShares MSCI Brazil Small-Cap ETF

Several institutional investors and hedge funds have recently modified their holdings of EWZS. JPMorgan Chase & Co. acquired a new position in shares of iShares MSCI Brazil Small-Cap ETF in the first quarter valued at about $53,000. Royal Bank of Canada grew its stake in iShares MSCI Brazil Small-Cap ETF by 14.8% during the first quarter. Royal Bank of Canada now owns 6,890 shares of the company’s stock worth $117,000 after buying an additional 890 shares in the last quarter. Jane Street Group LLC grew its stake in iShares MSCI Brazil Small-Cap ETF by 580.4% during the first quarter. Jane Street Group LLC now owns 165,207 shares of the company’s stock worth $2,805,000 after buying an additional 140,926 shares in the last quarter. Bank of America Corp DE grew its stake in iShares MSCI Brazil Small-Cap ETF by 1,273.3% during the first quarter. Bank of America Corp DE now owns 45,895 shares of the company’s stock worth $780,000 after buying an additional 42,553 shares in the last quarter. Finally, Citadel Advisors LLC grew its stake in iShares MSCI Brazil Small-Cap ETF by 535.0% during the second quarter. Citadel Advisors LLC now owns 81,260 shares of the company’s stock worth $956,000 after buying an additional 68,463 shares in the last quarter.

iShares MSCI Brazil Small-Cap ETF Stock Performance

EWZS stock opened at $14.54 on Friday. The company’s 50-day simple moving average is $14.10 and its 200 day simple moving average is $13.94. iShares MSCI Brazil Small-Cap ETF has a 52 week low of $11.27 and a 52 week high of $15.62. The company has a market capitalization of $259.54 million, a PE ratio of 6.33 and a beta of 1.10.

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.