iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) Short Interest Up 31.9% in January

iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) saw a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 626,441 shares, an increase of 31.9% from the January 15th total of 474,940 shares. Based on an average daily volume of 260,907 shares, the days-to-cover ratio is currently 2.4 days. Currently, 4.3% of the shares of the stock are sold short. Currently, 4.3% of the shares of the stock are sold short. Based on an average daily volume of 260,907 shares, the days-to-cover ratio is currently 2.4 days.

Institutional Trading of iShares MSCI Brazil Small-Cap ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Royal Bank of Canada grew its position in iShares MSCI Brazil Small-Cap ETF by 644.2% in the 1st quarter. Royal Bank of Canada now owns 50,254 shares of the company’s stock valued at $541,000 after buying an additional 43,501 shares during the last quarter. Envestnet Asset Management Inc. acquired a new stake in shares of iShares MSCI Brazil Small-Cap ETF in the 2nd quarter worth $161,000. Bank of Montreal Can purchased a new stake in shares of iShares MSCI Brazil Small-Cap ETF in the second quarter valued at about $248,000. Black Swift Group LLC acquired a new position in shares of iShares MSCI Brazil Small-Cap ETF during the second quarter worth about $4,230,000. Finally, 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 valued at $1,930,000 after purchasing an additional 4,841 shares during the period.

iShares MSCI Brazil Small-Cap ETF Trading Down 0.6%

EWZS traded down $0.09 during trading hours on Tuesday, hitting $14.94. 4,247,203 shares of the company’s stock were exchanged, compared to its average volume of 456,397. The firm has a 50 day moving average of $13.92 and a 200 day moving average of $13.62. The firm has a market cap of $219.62 million, a P/E ratio of 10.78 and a beta of 1.01. iShares MSCI Brazil Small-Cap ETF has a 12-month low of $9.71 and a 12-month high of $15.66.

iShares MSCI Brazil Small-Cap ETF Cuts Dividend

The firm also recently announced a special dividend, which was paid on Monday, January 5th. Investors of record on Tuesday, December 30th were paid a dividend of $0.0899 per share. The ex-dividend date was Tuesday, December 30th. This represents a yield of 138.0%.

iShares MSCI Brazil Small-Cap ETF Company Profile

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.