iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) Short Interest Down 16.3% in April

iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) saw a significant drop in short interest in April. As of April 15th, there was short interest totaling 739,860 shares, a drop of 16.3% from the March 31st total of 883,551 shares. Based on an average daily trading volume, of 497,897 shares, the short-interest ratio is presently 1.5 days. Currently, 3.4% of the company’s stock are short sold.

iShares MSCI Brazil Small-Cap ETF Stock Performance

EWZS opened at $15.07 on Friday. The stock has a 50-day moving average of $14.92 and a 200-day moving average of $14.21. iShares MSCI Brazil Small-Cap ETF has a 52-week low of $11.56 and a 52-week high of $16.46. The company has a market cap of $330.79 million, a PE ratio of 10.78 and a beta of 0.85.

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

A number of institutional investors have recently modified their holdings of EWZS. Sankala Group LLC bought a new stake in shares of iShares MSCI Brazil Small-Cap ETF during the 4th quarter worth $1,182,000. Bank of Nova Scotia boosted its stake in iShares MSCI Brazil Small-Cap ETF by 112.3% in the fourth quarter. Bank of Nova Scotia now owns 123,832 shares of the company’s stock worth $1,613,000 after purchasing an additional 65,500 shares in the last quarter. RPg Family Wealth Advisory LLC grew its holdings in shares of iShares MSCI Brazil Small-Cap ETF by 6.2% during the fourth quarter. RPg Family Wealth Advisory LLC now owns 178,515 shares of the company’s stock worth $2,324,000 after purchasing an additional 10,459 shares during the last quarter. Jane Street Group LLC increased its stake in shares of iShares MSCI Brazil Small-Cap ETF by 113.9% in the fourth quarter. Jane Street Group LLC now owns 468,095 shares of the company’s stock valued at $6,053,000 after buying an additional 249,261 shares in the last quarter. Finally, Wealthfront Advisers LLC bought a new position in shares of iShares MSCI Brazil Small-Cap ETF in the fourth quarter valued at about $145,000.

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.