Short Interest in iShares MSCI Brazil Index (EWZ) Drops By 20.0%
iShares MSCI Brazil Index (NYSEARCA:EWZ) saw a significant decrease in short interest in December. As of December 15th, there was short interest totalling 25,458,438 shares, a decrease of 20.0% from the November 30th total of 31,811,328 shares. Based on an average daily volume of 21,353,204 shares, the short-interest ratio is presently 1.2 days.
Shares of iShares MSCI Brazil Index (NYSEARCA EWZ) opened at $41.68 on Wednesday. iShares MSCI Brazil Index has a fifty-two week low of $31.78 and a fifty-two week high of $44.03. The stock has a market cap of $7,900.00 and a PE ratio of -5.79.
The firm also recently declared a semiannual dividend, which will be paid on Thursday, January 4th. Shareholders of record on Friday, December 29th will be issued a $0.0504 dividend. This represents a dividend yield of 0.25%. The ex-dividend date of this dividend is Thursday, December 28th. iShares MSCI Brazil Index’s dividend payout ratio (DPR) is presently -9.58%.
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About iShares MSCI Brazil Index
iShares MSCI Brazil Capped Index Fund (the Fund), formerly iShares MSCI Brazil Index Fund, seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Brazilian market, as measured by the MSCI Brazil Index (the Index).
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