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

iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) saw a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 1,919,516 shares, a growth of 151.3% from the October 15th total of 763,707 shares. Based on an average daily volume of 5,411,024 shares, the short-interest ratio is currently 0.4 days. Approximately 6.7% of the shares of the company are sold short.

iShares MSCI Brazil Small-Cap ETF Price Performance

Shares of EWZS stock traded up $0.14 during trading hours on Friday, reaching $10.93. 561,048 shares of the company’s stock were exchanged, compared to its average volume of 885,013. The company has a market cap of $314.09 million, a P/E ratio of 8.00 and a beta of 0.87. The company’s 50 day moving average is $13.51 and its two-hundred day moving average is $13.89. iShares MSCI Brazil Small-Cap ETF has a 1 year low of $10.15 and a 1 year high of $17.15.

Institutional Trading of iShares MSCI Brazil Small-Cap ETF

A number of institutional investors have recently modified their holdings of the business. Lifetime Wealth Management P.C. grew its holdings in iShares MSCI Brazil Small-Cap ETF by 13.7% during the third quarter. Lifetime Wealth Management P.C. now owns 941,370 shares of the company’s stock worth $12,531,000 after acquiring an additional 113,536 shares during the period. RPg Family Wealth Advisory LLC raised its position in iShares MSCI Brazil Small-Cap ETF by 10.5% in the second quarter. RPg Family Wealth Advisory LLC now owns 235,728 shares of the company’s stock worth $3,060,000 after acquiring an additional 22,438 shares in the last quarter. Risk Paradigm Group LLC raised its position in iShares MSCI Brazil Small-Cap ETF by 10.5% in the second quarter. Risk Paradigm Group LLC now owns 235,728 shares of the company’s stock worth $3,060,000 after acquiring an additional 22,438 shares in the last quarter. Bank of Nova Scotia lifted its holdings in iShares MSCI Brazil Small-Cap ETF by 12.1% in the first quarter. Bank of Nova Scotia now owns 138,832 shares of the company’s stock valued at $2,056,000 after acquiring an additional 15,000 shares during the period. Finally, Mraz Amerine & Associates Inc. lifted its holdings in iShares MSCI Brazil Small-Cap ETF by 259.1% in the third quarter. Mraz Amerine & Associates Inc. now owns 120,040 shares of the company’s stock valued at $1,598,000 after acquiring an additional 86,615 shares during the period.

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.