iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) Short Interest Update

iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 705,501 shares, an increase of 112.6% from the August 15th total of 331,786 shares. Currently, 4.1% of the company’s stock are short sold. Based on an average daily trading volume, of 201,633 shares, the days-to-cover ratio is presently 3.5 days.

iShares MSCI Brazil Small-Cap ETF Price Performance

NASDAQ:EWZS traded down $0.20 during mid-day trading on Monday, reaching $13.16. The stock had a trading volume of 282,531 shares, compared to its average volume of 429,898. The business’s 50 day moving average is $12.91 and its 200 day moving average is $13.82. iShares MSCI Brazil Small-Cap ETF has a fifty-two week low of $11.70 and a fifty-two week high of $16.46. The stock has a market cap of $227.10 million, a P/E ratio of 10.78 and a beta of 0.76.

Institutional Trading of iShares MSCI Brazil Small-Cap ETF

Several large investors have recently added to or reduced their stakes in EWZS. Royal Bank of Canada increased its stake in shares of iShares MSCI Brazil Small-Cap ETF by 644.2% during the 1st quarter. Royal Bank of Canada now owns 50,254 shares of the company’s stock worth $541,000 after purchasing an additional 43,501 shares during the last quarter. Envestnet Asset Management Inc. acquired a new stake in shares of iShares MSCI Brazil Small-Cap ETF in the 2nd quarter valued at $161,000. Marshall Wace LLP bought a new stake in iShares MSCI Brazil Small-Cap ETF in the second quarter worth $138,000. Bank of Nova Scotia boosted its holdings in iShares MSCI Brazil Small-Cap ETF by 8.4% in the second quarter. Bank of Nova Scotia now owns 58,332 shares of the company’s stock worth $773,000 after purchasing an additional 4,500 shares in the last quarter. Finally, Ameriprise Financial Inc. acquired a new position in iShares MSCI Brazil Small-Cap ETF during the second quarter worth $719,000.

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.