iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) Short Interest Down 85.4% in October

iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) was the target of a significant decrease in short interest in the month of October. As of October 31st, there was short interest totalling 92,800 shares, a decrease of 85.4% from the October 15th total of 637,200 shares. Based on an average trading volume of 285,300 shares, the days-to-cover ratio is presently 0.3 days.

iShares MSCI Brazil Small-Cap ETF Stock Performance

NASDAQ:EWZS traded down $0.07 during mid-day trading on Wednesday, hitting $11.49. 23,367 shares of the company’s stock traded hands, compared to its average volume of 375,578. The company has a market cap of $125.82 million, a PE ratio of 9.09 and a beta of 1.10. The firm’s 50 day simple moving average is $12.28 and its 200 day simple moving average is $12.53. iShares MSCI Brazil Small-Cap ETF has a 1 year low of $11.21 and a 1 year high of $15.30.

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

Several hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC increased its position in iShares MSCI Brazil Small-Cap ETF by 4.4% during the 1st quarter. Jane Street Group LLC now owns 332,111 shares of the company’s stock worth $4,829,000 after purchasing an additional 14,124 shares in the last quarter. RPg Family Wealth Advisory LLC boosted its stake in shares of iShares MSCI Brazil Small-Cap ETF by 5.0% during the 2nd quarter. RPg Family Wealth Advisory LLC now owns 110,444 shares of the company’s stock worth $1,297,000 after purchasing an additional 5,238 shares during the last quarter. Quadrature Capital Ltd purchased a new stake in iShares MSCI Brazil Small-Cap ETF in the 1st quarter worth approximately $760,000. Finally, Heartwood Wealth Advisors LLC lifted its position in iShares MSCI Brazil Small-Cap ETF by 12.0% during the third quarter. Heartwood Wealth Advisors LLC now owns 30,407 shares of the company’s stock worth $383,000 after buying an additional 3,255 shares during the period.

iShares MSCI Brazil Small-Cap ETF Company Profile

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.