iShares MSCI Brazil Index (NYSEARCA:EWZ) saw a large growth in short interest in March. As of March 29th, there was short interest totalling 33,447,483 shares, a growth of 21.5% from the March 15th total of 27,530,751 shares. Based on an average trading volume of 47,849,678 shares, the days-to-cover ratio is presently 0.7 days.

iShares MSCI Brazil Index stock opened at $40.62 on Tuesday. iShares MSCI Brazil Index has a 12-month low of $30.65 and a 12-month high of $45.72.

Institutional investors have recently added to or reduced their stakes in the stock. SG Americas Securities LLC grew its holdings in iShares MSCI Brazil Index by 2,975.0% during the 4th quarter. SG Americas Securities LLC now owns 2,791,788 shares of the exchange traded fund’s stock valued at $106,646,000 after buying an additional 2,700,999 shares in the last quarter. Deutsche Bank AG purchased a new stake in iShares MSCI Brazil Index during the 4th quarter valued at approximately $84,671,000. City of London Investment Management Co. Ltd. grew its holdings in iShares MSCI Brazil Index by 108.4% during the 4th quarter. City of London Investment Management Co. Ltd. now owns 1,930,251 shares of the exchange traded fund’s stock valued at $73,726,000 after buying an additional 1,003,900 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in iShares MSCI Brazil Index by 11.2% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,805,014 shares of the exchange traded fund’s stock valued at $60,883,000 after buying an additional 181,313 shares in the last quarter. Finally, Verde Servicos Internacionais S.A. grew its holdings in iShares MSCI Brazil Index by 5.6% during the 4th quarter. Verde Servicos Internacionais S.A. now owns 1,739,409 shares of the exchange traded fund’s stock valued at $66,445,000 after buying an additional 92,709 shares in the last quarter.

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About iShares MSCI Brazil Index

iShares MSCI Brazil Capped Index Fund (the Fund), formerly iShares MSCI Brazil Index Fund, seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Brazilian market, as measured by the MSCI Brazil Index (the Index).

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