iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) Short Interest Update

iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) was the recipient of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 7,886 shares, a decrease of 49.2% from the January 15th total of 15,509 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 43,428 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 43,428 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

iShares MSCI USA Equal Weighted ETF Price Performance

NYSEARCA:EUSA traded down $1.16 during mid-day trading on Thursday, reaching $106.72. The company’s stock had a trading volume of 31,915 shares, compared to its average volume of 51,313. The stock has a market cap of $1.54 billion, a P/E ratio of 20.72 and a beta of 1.03. The company’s fifty day simple moving average is $105.45 and its two-hundred day simple moving average is $103.26. iShares MSCI USA Equal Weighted ETF has a twelve month low of $81.38 and a twelve month high of $108.54.

Hedge Funds Weigh In On iShares MSCI USA Equal Weighted ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Flow Traders U.S. LLC acquired a new stake in shares of iShares MSCI USA Equal Weighted ETF during the 2nd quarter worth $913,000. Davidson Investment Advisors increased its stake in iShares MSCI USA Equal Weighted ETF by 12.9% during the third quarter. Davidson Investment Advisors now owns 223,608 shares of the company’s stock worth $23,025,000 after acquiring an additional 25,633 shares during the last quarter. Transcend Capital Advisors LLC raised its holdings in shares of iShares MSCI USA Equal Weighted ETF by 109.7% in the 2nd quarter. Transcend Capital Advisors LLC now owns 14,165 shares of the company’s stock worth $1,404,000 after purchasing an additional 7,410 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of iShares MSCI USA Equal Weighted ETF by 1,626.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 498,781 shares of the company’s stock worth $49,439,000 after purchasing an additional 469,888 shares during the period. Finally, 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 in the last quarter.

iShares MSCI USA Equal Weighted ETF Company Profile

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.