iShares MSCI EAFE Small-Cap ETF (NASDAQ:SCZ) Sees Significant Growth in Short Interest

iShares MSCI EAFE Small-Cap ETF (NASDAQ:SCZ) was the target of a large increase in short interest in August. As of August 31st, there was short interest totalling 1,200,000 shares, an increase of 31.1% from the August 15th total of 915,400 shares. Based on an average trading volume of 1,007,100 shares, the days-to-cover ratio is presently 1.2 days.

iShares MSCI EAFE Small-Cap ETF Price Performance

Shares of SCZ traded up $0.24 during mid-day trading on Monday, reaching $66.19. The company’s stock had a trading volume of 167,171 shares, compared to its average volume of 1,135,427. iShares MSCI EAFE Small-Cap ETF has a 12-month low of $52.21 and a 12-month high of $66.38. The stock has a market cap of $9.98 billion, a PE ratio of 12.38 and a beta of 0.96. The company’s 50 day moving average is $64.01 and its 200 day moving average is $63.13.

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

Several hedge funds have recently added to or reduced their stakes in SCZ. Sanctuary Advisors LLC purchased a new stake in shares of iShares MSCI EAFE Small-Cap ETF during the 2nd quarter worth approximately $518,000. Creekside Partners purchased a new stake in iShares MSCI EAFE Small-Cap ETF in the second quarter valued at $2,591,000. Cetera Investment Advisers boosted its stake in iShares MSCI EAFE Small-Cap ETF by 7.7% in the second quarter. Cetera Investment Advisers now owns 211,070 shares of the company’s stock valued at $13,010,000 after acquiring an additional 15,130 shares in the last quarter. Regal Investment Advisors LLC boosted its stake in iShares MSCI EAFE Small-Cap ETF by 2.5% in the second quarter. Regal Investment Advisors LLC now owns 48,883 shares of the company’s stock valued at $3,013,000 after acquiring an additional 1,176 shares in the last quarter. Finally, NewEdge Advisors LLC grew its holdings in shares of iShares MSCI EAFE Small-Cap ETF by 2.0% during the second quarter. NewEdge Advisors LLC now owns 82,644 shares of the company’s stock worth $5,094,000 after purchasing an additional 1,644 shares during the last quarter.

About iShares MSCI EAFE Small-Cap ETF

Santacruz Silver Mining Ltd. is a Canada-based company engaged in the operation, exploration and commercial exploitation of mining concessions in Mexico, with a primary focus on silver, but also, including gold, lead and zinc. The Company is focused on its producing property, the Rosario Mine. In addition, the Company is also exploring three other mineral properties, being the San Felipe Project, which is an advanced-stage project; the Gavilanes Project, which is an exploration project, and the El Gachi Property, which is an early-stage exploration project.