iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) Short Interest Down 70.3% in May

iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) saw a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 28,962 shares, a decrease of 70.3% from the May 14th total of 97,462 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 25,704 shares, the short-interest ratio is presently 1.1 days.

Institutional Trading of iShares MSCI USA Equal Weighted ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EUSA. NewEdge Advisors LLC increased its holdings in iShares MSCI USA Equal Weighted ETF by 12.0% during the first quarter. NewEdge Advisors LLC now owns 6,724 shares of the company’s stock valued at $629,000 after buying an additional 723 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in iShares MSCI USA Equal Weighted ETF by 8.1% during the third quarter. JPMorgan Chase & Co. now owns 539,349 shares of the company’s stock valued at $55,537,000 after buying an additional 40,568 shares during the last quarter. Goodman Financial Corp increased its holdings in iShares MSCI USA Equal Weighted ETF by 217.8% during the fourth quarter. Goodman Financial Corp now owns 8,685 shares of the company’s stock valued at $898,000 after buying an additional 5,952 shares during the last quarter. Finley Financial LLC increased its holdings in iShares MSCI USA Equal Weighted ETF by 64.3% during the fourth quarter. Finley Financial LLC now owns 9,860 shares of the company’s stock valued at $1,019,000 after buying an additional 3,860 shares during the last quarter. Finally, Crews Bank & Trust increased its holdings 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 valued at $15,674,000 after buying an additional 604 shares during the last quarter.

iShares MSCI USA Equal Weighted ETF Price Performance

iShares MSCI USA Equal Weighted ETF stock traded up $0.58 during midday trading on Thursday, reaching $111.38. 14,277 shares of the company traded hands, compared to its average volume of 45,286. The firm has a market capitalization of $1.63 billion, a price-to-earnings ratio of 20.72 and a beta of 0.97. The business has a 50 day moving average of $108.50 and a two-hundred day moving average of $106.23. iShares MSCI USA Equal Weighted ETF has a 12 month low of $95.82 and a 12 month high of $113.46.

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.