iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) Short Interest Up 162.1% in April

iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totalling 22,800 shares, a growth of 162.1% from the March 31st total of 8,700 shares. Based on an average daily volume of 426,500 shares, the days-to-cover ratio is presently 0.1 days.

iShares MSCI Brazil Small-Cap ETF Trading Down 0.8 %

Shares of NASDAQ EWZS opened at $13.05 on Friday. iShares MSCI Brazil Small-Cap ETF has a twelve month low of $11.47 and a twelve month high of $15.62. The stock has a 50 day moving average of $14.01 and a two-hundred day moving average of $13.96. The stock has a market cap of $187.92 million, a P/E ratio of 8.51 and a beta of 1.10.

Institutional Investors Weigh In On iShares MSCI Brazil Small-Cap ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. International Assets Investment Management LLC purchased a new stake in iShares MSCI Brazil Small-Cap ETF in the fourth quarter valued at approximately $27,000. Allworth Financial LP purchased a new stake in iShares MSCI Brazil Small-Cap ETF in the fourth quarter valued at approximately $42,000. Bank of Nova Scotia lifted its stake in iShares MSCI Brazil Small-Cap ETF by 9.8% in the third quarter. Bank of Nova Scotia now owns 26,800 shares of the company’s stock valued at $358,000 after buying an additional 2,400 shares during the last quarter. Black Swift Group LLC purchased a new stake in iShares MSCI Brazil Small-Cap ETF in the third quarter valued at approximately $407,000. Finally, RPg Family Wealth Advisory LLC lifted its stake in iShares MSCI Brazil Small-Cap ETF by 5.7% in the third quarter. RPg Family Wealth Advisory LLC now owns 45,332 shares of the company’s stock valued at $605,000 after buying an additional 2,427 shares during the last quarter.

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.