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

iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) saw a large growth in short interest in 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 days-to-cover ratio is currently 0.1 days.

iShares MSCI Brazil Small-Cap ETF Stock Performance

Shares of EWZS stock opened at $13.05 on Friday. iShares MSCI Brazil Small-Cap ETF has a 1 year low of $11.47 and a 1 year high of $15.62. The stock has a fifty day moving average of $14.01 and a two-hundred day moving average of $13.96. The firm has a market capitalization of $187.92 million, a PE ratio of 8.51 and a beta of 1.10.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. International Assets Investment Management LLC acquired a new position in iShares MSCI Brazil Small-Cap ETF during the 4th quarter worth $27,000. Allworth Financial LP acquired a new position in iShares MSCI Brazil Small-Cap ETF during the 4th quarter worth $42,000. Bank of Nova Scotia boosted its position in iShares MSCI Brazil Small-Cap ETF by 9.8% during the 3rd quarter. Bank of Nova Scotia now owns 26,800 shares of the company’s stock worth $358,000 after acquiring an additional 2,400 shares during the period. Black Swift Group LLC acquired a new position in iShares MSCI Brazil Small-Cap ETF during the 3rd quarter worth $407,000. Finally, RPg Family Wealth Advisory LLC boosted its position in iShares MSCI Brazil Small-Cap ETF by 5.7% during the 3rd quarter. RPg Family Wealth Advisory LLC now owns 45,332 shares of the company’s stock worth $605,000 after acquiring an additional 2,427 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.