iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) Sees Significant Increase in Short Interest

iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) saw a significant increase in short interest in 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. Approximately 4.3% of the shares of the company are sold short. Based on an average trading volume of 260,907 shares, the days-to-cover ratio is currently 2.4 days. Based on an average trading volume of 260,907 shares, the days-to-cover ratio is currently 2.4 days. Approximately 4.3% of the shares of the company are sold short.

iShares MSCI Brazil Small-Cap ETF Price Performance

Shares of NASDAQ:EWZS opened at $15.00 on Monday. iShares MSCI Brazil Small-Cap ETF has a 1 year low of $9.71 and a 1 year high of $15.66. The company has a market capitalization of $220.50 million, a P/E ratio of 10.78 and a beta of 1.01. The business’s 50 day simple moving average is $13.86 and its 200 day simple moving average is $13.58.

iShares MSCI Brazil Small-Cap ETF Cuts Dividend

The firm also recently announced a special dividend, which was paid on Monday, January 5th. Shareholders 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%.

Institutional Investors Weigh In On iShares MSCI Brazil Small-Cap ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Triumph Capital Management acquired a new position in iShares MSCI Brazil Small-Cap ETF in the 3rd quarter valued at approximately $25,000. Geneos Wealth Management Inc. acquired a new position in shares of iShares MSCI Brazil Small-Cap ETF during the 2nd quarter valued at $47,000. Marshall Wace LLP acquired a new stake in shares of iShares MSCI Brazil Small-Cap ETF in the 2nd quarter valued at about $138,000. Wealthfront Advisers LLC bought a new stake in shares of iShares MSCI Brazil Small-Cap ETF during the fourth quarter valued at approximately $145,000. Finally, Envestnet Asset Management Inc. bought a new stake in shares of iShares MSCI Brazil Small-Cap ETF during the second quarter worth about $161,000.

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.