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

iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) was the target of a significant growth in short interest during the month of 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 trading volume of 426,500 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On iShares MSCI Brazil Small-Cap ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. International Assets Investment Management LLC bought a new position in iShares MSCI Brazil Small-Cap ETF in the 4th quarter valued at about $27,000. Allworth Financial LP bought a new position in iShares MSCI Brazil Small-Cap ETF in the 4th quarter valued at about $42,000. Bank of Nova Scotia grew its position in iShares MSCI Brazil Small-Cap ETF by 9.8% in the 3rd 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 in the last quarter. Black Swift Group LLC bought a new position in iShares MSCI Brazil Small-Cap ETF in the 3rd quarter valued at about $407,000. Finally, RPg Family Wealth Advisory LLC grew its position in iShares MSCI Brazil Small-Cap ETF by 5.7% in the 3rd 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 in the last quarter.

iShares MSCI Brazil Small-Cap ETF Stock Up 3.2 %

Shares of EWZS opened at $13.47 on Friday. The firm has a 50-day moving average price of $14.00 and a 200 day moving average price of $13.98. The firm has a market capitalization of $193.97 million, a PE ratio of 8.51 and a beta of 1.10. iShares MSCI Brazil Small-Cap ETF has a 52-week low of $11.63 and a 52-week high of $15.62.

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.