iShares MSCI South Africa ETF (NYSEARCA:EZA) Short Interest Down 78.9% in March

iShares MSCI South Africa ETF (NYSEARCA:EZA) was the recipient of a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 133,763 shares, a decline of 78.9% from the February 26th total of 633,155 shares. Currently, 1.3% of the shares of the company are short sold. Based on an average trading volume of 409,887 shares, the short-interest ratio is currently 0.3 days.

iShares MSCI South Africa ETF Trading Up 0.4%

NYSEARCA:EZA traded up $0.25 during mid-day trading on Friday, hitting $64.23. 144,088 shares of the company’s stock traded hands, compared to its average volume of 408,129. iShares MSCI South Africa ETF has a 12 month low of $39.74 and a 12 month high of $81.75. The firm has a market capitalization of $667.99 million, a price-to-earnings ratio of 14.34 and a beta of 0.78. The firm has a 50 day moving average of $73.19 and a two-hundred day moving average of $68.64.

Institutional Trading of iShares MSCI South Africa ETF

A number of hedge funds have recently modified their holdings of the company. Banco Bilbao Vizcaya Argentaria S.A. bought a new position in iShares MSCI South Africa ETF in the fourth quarter worth $302,000. Barometer Capital Management Inc. bought a new stake in shares of iShares MSCI South Africa ETF during the third quarter worth $320,000. ABC Arbitrage SA bought a new stake in iShares MSCI South Africa ETF during the 3rd quarter worth about $631,000. Providence First Trust Co acquired a new stake in shares of iShares MSCI South Africa ETF in the fourth quarter valued at approximately $908,000. Finally, Sumitomo Mitsui Trust Group Inc. increased its stake in shares of iShares MSCI South Africa ETF by 78.4% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 16,311 shares of the exchange traded fund’s stock valued at $1,046,000 after buying an additional 7,170 shares during the period.

iShares MSCI South Africa ETF Company Profile

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.