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

iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) was the target of a large decline in short interest in April. As of April 30th, there was short interest totaling 339,099 shares, a decline of 54.2% from the April 15th total of 739,860 shares. Currently, 1.5% of the company’s stock are short sold. Based on an average trading volume of 387,985 shares, the days-to-cover ratio is currently 0.9 days.

iShares MSCI Brazil Small-Cap ETF Trading Down 2.8%

iShares MSCI Brazil Small-Cap ETF stock traded down $0.40 during trading hours on Friday, hitting $13.90. 143,094 shares of the stock traded hands, compared to its average volume of 598,642. The firm’s 50-day moving average price is $14.81 and its two-hundred day moving average price is $14.32. The company has a market cap of $305.11 million, a PE ratio of 10.78 and a beta of 0.78. iShares MSCI Brazil Small-Cap ETF has a one year low of $11.72 and a one year high of $16.46.

Institutional Trading of iShares MSCI Brazil Small-Cap ETF

Several large investors have recently bought and sold shares of EWZS. Triumph Capital Management bought a new stake in iShares MSCI Brazil Small-Cap ETF during the 3rd quarter valued at approximately $25,000. Geneos Wealth Management Inc. bought a new stake in iShares MSCI Brazil Small-Cap ETF during the 2nd quarter valued at approximately $47,000. SPX Gestao de Recursos Ltda bought a new stake in iShares MSCI Brazil Small-Cap ETF during the 1st quarter valued at approximately $54,000. Group One Trading LLC bought a new stake in iShares MSCI Brazil Small-Cap ETF during the 1st quarter valued at approximately $104,000. Finally, Marshall Wace LLP bought a new stake in iShares MSCI Brazil Small-Cap ETF during the 2nd quarter valued at approximately $138,000.

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.