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

iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 507,100 shares, a growth of 50.7% from the August 15th total of 336,500 shares. Currently, 3.8% of the shares of the company are sold short. Based on an average daily volume of 506,500 shares, the short-interest ratio is currently 1.0 days. Based on an average daily volume of 506,500 shares, the short-interest ratio is currently 1.0 days. Currently, 3.8% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of EWZS. Geneos Wealth Management Inc. bought a new stake in shares of iShares MSCI Brazil Small-Cap ETF during the 2nd quarter worth about $47,000. Marshall Wace LLP bought a new stake in shares of iShares MSCI Brazil Small-Cap ETF during the 2nd quarter worth about $138,000. Envestnet Asset Management Inc. bought a new stake in shares of iShares MSCI Brazil Small-Cap ETF during the 2nd quarter worth about $161,000. Griffin Asset Management Inc. bought a new stake in shares of iShares MSCI Brazil Small-Cap ETF during the 2nd quarter worth about $222,000. Finally, Bank of Montreal Can bought a new stake in shares of iShares MSCI Brazil Small-Cap ETF during the 2nd quarter worth about $248,000.

iShares MSCI Brazil Small-Cap ETF Stock Up 1.5%

iShares MSCI Brazil Small-Cap ETF stock opened at $13.98 on Tuesday. The firm has a 50-day moving average price of $12.71 and a two-hundred day moving average price of $12.11. The firm has a market capitalization of $186.63 million, a price-to-earnings ratio of 10.78 and a beta of 1.10. iShares MSCI Brazil Small-Cap ETF has a 52-week low of $9.11 and a 52-week high of $14.07.

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.