iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) Short Interest Update

iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 377,700 shares, a decrease of 25.5% from the August 31st total of 507,100 shares. Based on an average daily volume of 406,700 shares, the short-interest ratio is currently 0.9 days. Based on an average daily volume of 406,700 shares, the short-interest ratio is currently 0.9 days.

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

Institutional investors have recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. acquired a new position in iShares MSCI Brazil Small-Cap ETF in the 2nd quarter valued at approximately $47,000. Bank of Nova Scotia raised its stake in shares of iShares MSCI Brazil Small-Cap ETF by 8.4% in the second quarter. Bank of Nova Scotia now owns 58,332 shares of the company’s stock valued at $773,000 after purchasing an additional 4,500 shares in the last quarter. RPg Family Wealth Advisory LLC lifted its position in iShares MSCI Brazil Small-Cap ETF by 3.4% in the second quarter. RPg Family Wealth Advisory LLC now owns 145,549 shares of the company’s stock worth $1,930,000 after purchasing an additional 4,841 shares during the period. Marshall Wace LLP bought a new position in iShares MSCI Brazil Small-Cap ETF in the second quarter worth $138,000. Finally, Envestnet Asset Management Inc. acquired a new stake in iShares MSCI Brazil Small-Cap ETF during the second quarter worth $161,000.

iShares MSCI Brazil Small-Cap ETF Stock Performance

NASDAQ:EWZS opened at $13.59 on Tuesday. The firm’s 50-day moving average is $13.19 and its 200-day moving average is $12.47. iShares MSCI Brazil Small-Cap ETF has a 52-week low of $9.11 and a 52-week high of $14.45. The company has a market cap of $188.22 million, a price-to-earnings ratio of 10.78 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.