iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) Shares Shorted: Short Interest Up 151.3% in October

iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) saw a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 1,919,516 shares, a growth of 151.3% from the October 15th total of 763,707 shares. Based on an average daily volume of 5,411,024 shares, the days-to-cover ratio is currently 0.4 days. Approximately 6.7% of the shares of the company are sold short.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of EWZS. Simplex Trading LLC acquired a new stake in shares of iShares MSCI Brazil Small-Cap ETF in the 3rd quarter worth $170,000. Mraz Amerine & Associates Inc. increased its stake in shares of iShares MSCI Brazil Small-Cap ETF by 259.1% during the third quarter. Mraz Amerine & Associates Inc. now owns 120,040 shares of the company’s stock worth $1,598,000 after acquiring an additional 86,615 shares during the period. Lifetime Wealth Management P.C. increased its stake in shares of iShares MSCI Brazil Small-Cap ETF by 13.7% during the third quarter. Lifetime Wealth Management P.C. now owns 941,370 shares of the company’s stock worth $12,531,000 after acquiring an additional 113,536 shares during the period. Farther Finance Advisors LLC increased its stake 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 worth $64,000 after acquiring an additional 1,785 shares during the period. Finally, RPg Family Wealth Advisory LLC raised its holdings in iShares MSCI Brazil Small-Cap ETF by 10.5% during the second quarter. RPg Family Wealth Advisory LLC now owns 235,728 shares of the company’s stock worth $3,060,000 after purchasing an additional 22,438 shares in the last quarter.

iShares MSCI Brazil Small-Cap ETF Trading Up 1.3%

Shares of iShares MSCI Brazil Small-Cap ETF stock traded up $0.14 during trading hours on Friday, hitting $10.93. 561,048 shares of the company were exchanged, compared to its average volume of 885,013. iShares MSCI Brazil Small-Cap ETF has a 1 year low of $10.15 and a 1 year high of $17.15. The business has a 50-day moving average of $13.51 and a 200-day moving average of $13.89. The stock has a market capitalization of $314.09 million, a price-to-earnings ratio of 8.00 and a beta of 0.87.

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.