iShares MSCI South Africa ETF (NYSEARCA:EZA) Short Interest Down 36.6% in December

iShares MSCI South Africa ETF (NYSEARCA:EZA) was the recipient of a significant decrease in short interest in December. As of December 15th, there was short interest totaling 750,877 shares, a decrease of 36.6% from the November 30th total of 1,183,529 shares. Currently, 9.5% of the shares of the stock are short sold. Based on an average daily volume of 247,279 shares, the short-interest ratio is presently 3.0 days. Based on an average daily volume of 247,279 shares, the short-interest ratio is presently 3.0 days. Currently, 9.5% of the shares of the stock are short sold.

Institutional Trading of iShares MSCI South Africa ETF

Institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. boosted its stake in iShares MSCI South Africa ETF by 20.0% in the third quarter. JPMorgan Chase & Co. now owns 883,389 shares of the exchange traded fund’s stock valued at $56,625,000 after acquiring an additional 147,200 shares in the last quarter. Strs Ohio acquired a new position in shares of iShares MSCI South Africa ETF during the first quarter worth $12,032,000. Ameriprise Financial Inc. purchased a new position in shares of iShares MSCI South Africa ETF in the second quarter valued at $5,138,000. One Capital Management LLC increased its stake in iShares MSCI South Africa ETF by 0.9% during the 3rd quarter. One Capital Management LLC now owns 28,060 shares of the exchange traded fund’s stock worth $1,799,000 after buying an additional 260 shares during the period. Finally, SG Americas Securities LLC increased its stake in shares of iShares MSCI South Africa ETF by 386.7% in the third quarter. SG Americas Securities LLC now owns 27,327 shares of the exchange traded fund’s stock worth $1,752,000 after buying an additional 21,712 shares during the last quarter.

iShares MSCI South Africa ETF Stock Performance

EZA opened at $70.31 on Friday. The stock has a market cap of $555.45 million, a price-to-earnings ratio of 14.34 and a beta of 0.78. The firm’s fifty day moving average is $66.45 and its 200 day moving average is $60.76. iShares MSCI South Africa ETF has a fifty-two week low of $39.74 and a fifty-two week high of $70.46.

About iShares MSCI South Africa ETF

iShares MSCI South Africa ETF, formerly iShares MSCI South Africa Index Fund (the Fund), is an exchange traded fund. The Fund seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the aggregate in the South African market, as measured by the MSCI South Africa Index (the Index). The Index seeks to measure the performance of the South African equity market. The Index is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.