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 recipient of a large decrease in short interest in February. As of February 28th, there was short interest totalling 123,600 shares, a decrease of 18.0% from the February 13th total of 150,800 shares. Approximately 1.1% of the company’s stock are sold short. Based on an average trading volume of 267,300 shares, the short-interest ratio is presently 0.5 days.

iShares MSCI Brazil Small-Cap ETF Stock Performance

Shares of iShares MSCI Brazil Small-Cap ETF stock traded up $0.21 during midday trading on Wednesday, hitting $11.21. The company had a trading volume of 317,762 shares, compared to its average volume of 293,649. The stock has a market capitalization of $131.16 million, a P/E ratio of 9.76 and a beta of 1.38. The company has a 50 day moving average of $10.27 and a 200 day moving average of $11.04. iShares MSCI Brazil Small-Cap ETF has a 52-week low of $9.11 and a 52-week high of $14.73.

Institutional Trading of iShares MSCI Brazil Small-Cap ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE grew its stake in shares of 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 worth $1,527,000 after buying an additional 162,508 shares during the last quarter. Jane Street Group LLC grew its stake in shares of iShares MSCI Brazil Small-Cap ETF by 3,209.3% in the 4th quarter. Jane Street Group LLC now owns 1,169,789 shares of the company’s stock worth $10,821,000 after buying an additional 1,134,440 shares during the last quarter. Bank of Nova Scotia grew its stake in shares of 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 worth $400,000 after buying an additional 9,650 shares during the last quarter. OLD Mission Capital LLC purchased a new stake in shares of iShares MSCI Brazil Small-Cap ETF in the 4th quarter worth approximately $2,413,000. Finally, National Bank of Canada FI purchased a new stake in shares of iShares MSCI Brazil Small-Cap ETF in the 4th quarter worth approximately $54,000.

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.