iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) Short Interest Down 18.0% in February

iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) was the target of a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 123,600 shares, a drop of 18.0% from the February 13th total of 150,800 shares. Currently, 1.1% of the shares of the company are sold short. Based on an average daily trading volume, of 267,300 shares, the days-to-cover ratio is currently 0.5 days.

iShares MSCI Brazil Small-Cap ETF Stock Performance

NASDAQ:EWZS traded up $0.21 during trading hours on Wednesday, reaching $11.21. The stock had a trading volume of 317,762 shares, compared to its average volume of 293,649. The stock has a 50 day simple moving average of $10.27 and a 200 day simple moving average of $11.04. iShares MSCI Brazil Small-Cap ETF has a 12-month low of $9.11 and a 12-month high of $14.73. The stock has a market cap of $131.16 million, a P/E ratio of 9.76 and a beta of 1.38.

Institutional Trading of iShares MSCI Brazil Small-Cap ETF

A number of large investors have recently bought and sold shares of the company. Jane Street Group LLC boosted its holdings in shares of iShares MSCI Brazil Small-Cap ETF by 3,209.3% in the fourth quarter. Jane Street Group LLC now owns 1,169,789 shares of the company’s stock worth $10,821,000 after acquiring an additional 1,134,440 shares during the period. OLD Mission Capital LLC bought a new position in shares of iShares MSCI Brazil Small-Cap ETF in the fourth quarter worth $2,413,000. Bank of America Corp DE boosted its holdings in shares of iShares MSCI Brazil Small-Cap ETF by 6,219.2% in the fourth quarter. Bank of America Corp DE now owns 165,121 shares of the company’s stock worth $1,527,000 after acquiring an additional 162,508 shares during the period. Bank of Nova Scotia boosted its holdings in shares of iShares MSCI Brazil Small-Cap ETF by 29.0% in the fourth quarter. Bank of Nova Scotia now owns 42,980 shares of the company’s stock worth $400,000 after acquiring an additional 9,650 shares during the period. Finally, RPg Family Wealth Advisory LLC boosted its holdings in shares of iShares MSCI Brazil Small-Cap ETF by 6.2% in the third quarter. RPg Family Wealth Advisory LLC now owns 117,287 shares of the company’s stock worth $1,475,000 after acquiring an additional 6,843 shares during the period.

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.