iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) Sees Significant Decrease in Short Interest

iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) was the target of a significant decline in short interest in October. As of October 31st, there was short interest totalling 92,800 shares, a decline of 85.4% from the October 15th total of 637,200 shares. Based on an average daily volume of 285,300 shares, the days-to-cover ratio is currently 0.3 days.

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

Several large investors have recently bought and sold shares of the stock. Jane Street Group LLC lifted its holdings in iShares MSCI Brazil Small-Cap ETF by 4.4% during the first quarter. Jane Street Group LLC now owns 332,111 shares of the company’s stock valued at $4,829,000 after purchasing an additional 14,124 shares during the last quarter. RPg Family Wealth Advisory LLC increased its stake in iShares MSCI Brazil Small-Cap ETF by 5.0% in the second quarter. RPg Family Wealth Advisory LLC now owns 110,444 shares of the company’s stock valued at $1,297,000 after acquiring an additional 5,238 shares during the last quarter. Quadrature Capital Ltd bought a new stake in iShares MSCI Brazil Small-Cap ETF during the first quarter worth about $760,000. Finally, Heartwood Wealth Advisors LLC increased its position in shares of iShares MSCI Brazil Small-Cap ETF by 12.0% during the 3rd quarter. Heartwood Wealth Advisors LLC now owns 30,407 shares of the company’s stock valued at $383,000 after purchasing an additional 3,255 shares during the last quarter.

iShares MSCI Brazil Small-Cap ETF Stock Performance

Shares of NASDAQ EWZS traded down $0.07 during trading on Wednesday, hitting $11.49. 23,367 shares of the company traded hands, compared to its average volume of 375,578. The business’s fifty day moving average is $12.28 and its 200 day moving average is $12.53. iShares MSCI Brazil Small-Cap ETF has a fifty-two week low of $11.21 and a fifty-two week high of $15.30. The firm has a market capitalization of $125.82 million, a price-to-earnings ratio of 9.09 and a beta of 1.10.

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.