iShares MSCI EAFE Small-Cap ETF (NASDAQ:SCZ) Sees Significant Drop in Short Interest

iShares MSCI EAFE Small-Cap ETF (NASDAQ:SCZ) was the recipient of a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 2,830,000 shares, a decrease of 20.3% from the October 31st total of 3,550,000 shares. Based on an average daily volume of 1,103,700 shares, the days-to-cover ratio is currently 2.6 days.

iShares MSCI EAFE Small-Cap ETF Price Performance

Shares of NASDAQ SCZ opened at $63.98 on Monday. The stock has a market capitalization of $8.73 billion, a P/E ratio of 12.38 and a beta of 0.96. iShares MSCI EAFE Small-Cap ETF has a 1-year low of $58.37 and a 1-year high of $68.32. The business has a fifty day moving average price of $64.53 and a 200 day moving average price of $64.02.

Institutional Investors Weigh In On iShares MSCI EAFE Small-Cap ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Evermay Wealth Management LLC purchased a new stake in iShares MSCI EAFE Small-Cap ETF in the third quarter valued at about $28,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in iShares MSCI EAFE Small-Cap ETF in the second quarter valued at about $25,000. MCF Advisors LLC purchased a new stake in iShares MSCI EAFE Small-Cap ETF in the second quarter valued at about $28,000. Financial Connections Group Inc. raised its stake in iShares MSCI EAFE Small-Cap ETF by 145.9% in the second quarter. Financial Connections Group Inc. now owns 455 shares of the company’s stock valued at $28,000 after buying an additional 270 shares during the last quarter. Finally, Sachetta LLC purchased a new stake in iShares MSCI EAFE Small-Cap ETF in the second quarter valued at about $30,000.

iShares MSCI EAFE Small-Cap ETF Company Profile

Santacruz Silver Mining Ltd. is a Canada-based company engaged in the operation, exploration and commercial exploitation of mining concessions in Mexico, with a primary focus on silver, but also, including gold, lead and zinc. The Company is focused on its producing property, the Rosario Mine. In addition, the Company is also exploring three other mineral properties, being the San Felipe Project, which is an advanced-stage project; the Gavilanes Project, which is an exploration project, and the El Gachi Property, which is an early-stage exploration project.