iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) Sees Large Growth in Short Interest

iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) was the target of a significant increase in short interest in February. As of February 13th, there was short interest totaling 88,068 shares, an increase of 1,016.8% from the January 29th total of 7,886 shares. Based on an average trading volume of 43,399 shares, the short-interest ratio is presently 2.0 days. Currently, 0.6% of the company’s stock are short sold. Currently, 0.6% of the company’s stock are short sold. Based on an average trading volume of 43,399 shares, the short-interest ratio is presently 2.0 days.

iShares MSCI USA Equal Weighted ETF Trading Up 0.2%

EUSA stock traded up $0.19 during mid-day trading on Wednesday, hitting $107.63. The stock had a trading volume of 43,021 shares, compared to its average volume of 48,325. iShares MSCI USA Equal Weighted ETF has a 1-year low of $81.38 and a 1-year high of $108.54. The company has a fifty day moving average of $106.10 and a 200 day moving average of $103.75. The stock has a market capitalization of $1.56 billion, a price-to-earnings ratio of 20.72 and a beta of 1.03.

Institutional Trading of iShares MSCI USA Equal Weighted ETF

Large investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its stake in shares of iShares MSCI USA Equal Weighted ETF by 8.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 539,349 shares of the company’s stock worth $55,537,000 after purchasing an additional 40,568 shares during the last quarter. Arkadios Wealth Advisors lifted its stake in shares of iShares MSCI USA Equal Weighted ETF by 6.1% in the 2nd quarter. Arkadios Wealth Advisors now owns 388,029 shares of the company’s stock valued at $38,461,000 after purchasing an additional 22,449 shares during the last quarter. Calydon Capital boosted its holdings in iShares MSCI USA Equal Weighted ETF by 37.5% in the fourth quarter. Calydon Capital now owns 283,196 shares of the company’s stock worth $29,274,000 after purchasing an additional 77,244 shares in the last quarter. Davidson Investment Advisors increased its position in iShares MSCI USA Equal Weighted ETF by 4.9% during the fourth quarter. Davidson Investment Advisors now owns 234,544 shares of the company’s stock worth $24,245,000 after buying an additional 10,936 shares during the last quarter. Finally, Crews Bank & Trust increased its position in iShares MSCI USA Equal Weighted ETF by 0.4% during the fourth quarter. Crews Bank & Trust now owns 151,634 shares of the company’s stock worth $15,674,000 after buying an additional 604 shares during the last quarter.

About iShares MSCI USA Equal Weighted ETF

iShares MSCI USA ETF, formerly iShares MSCI USA Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment resulte that correspond to the price and yield performance of the MSCI USA Index (the Underlying Index). The Underlying Index is a market capitalization weighted index designed to measure the performance of equity securities in the 85% by market capitalization of equity securities listed on stock exchanges in the United States. The Fund invests at least 90% of its assets in the securities of the Underlying Index and in depositary receipts representing securities of the Underlying Index.