iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) Short Interest Update

iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) saw a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 88,068 shares, a growth of 1,016.8% from the January 29th total of 7,886 shares. Based on an average daily volume of 43,399 shares, the days-to-cover ratio is presently 2.0 days. Currently, 0.6% of the company’s stock are sold short. Currently, 0.6% of the company’s stock are sold short. Based on an average daily volume of 43,399 shares, the days-to-cover ratio is presently 2.0 days.

iShares MSCI USA Equal Weighted ETF Stock Performance

Shares of iShares MSCI USA Equal Weighted ETF stock traded down $0.45 on Friday, reaching $107.84. 13,607 shares of the company were exchanged, compared to its average volume of 46,948. The company’s 50-day moving average is $106.20 and its two-hundred day moving average is $103.78. The firm has a market cap of $1.56 billion, a price-to-earnings ratio of 20.72 and a beta of 1.03. iShares MSCI USA Equal Weighted ETF has a 1-year low of $81.38 and a 1-year high of $108.54.

Institutional Trading of iShares MSCI USA Equal Weighted ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bogart Wealth LLC acquired a new position in iShares MSCI USA Equal Weighted ETF in the fourth quarter worth approximately $25,000. Transcend Capital Advisors LLC grew its holdings in shares of iShares MSCI USA Equal Weighted ETF by 2.4% in the 3rd quarter. Transcend Capital Advisors LLC now owns 14,512 shares of the company’s stock worth $1,494,000 after acquiring an additional 347 shares during the last quarter. Crescent Grove Advisors LLC raised its position in shares of iShares MSCI USA Equal Weighted ETF by 17.0% during the second quarter. Crescent Grove Advisors LLC now owns 4,043 shares of the company’s stock worth $401,000 after purchasing an additional 586 shares during the period. Crews Bank & Trust lifted its holdings in shares of iShares MSCI USA Equal Weighted ETF by 0.4% during the fourth quarter. Crews Bank & Trust now owns 151,634 shares of the company’s stock valued at $15,674,000 after purchasing an additional 604 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in shares of iShares MSCI USA Equal Weighted ETF by 12.0% in the first quarter. NewEdge Advisors LLC now owns 6,724 shares of the company’s stock valued at $629,000 after purchasing an additional 723 shares in the last quarter.

iShares MSCI USA Equal Weighted ETF Company Profile

iShares MSCI USA ETF, formerly iShares MSCI USA Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment resulte that correspond to the price and yield performance of the MSCI USA Index (the Underlying Index). The Underlying Index is a market capitalization weighted index designed to measure the performance of equity securities in the 85% by market capitalization of equity securities listed on stock exchanges in the United States. The Fund invests at least 90% of its assets in the securities of the Underlying Index and in depositary receipts representing securities of the Underlying Index.