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

iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totaling 100,465 shares, an increase of 86.0% from the August 15th total of 54,001 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily volume of 61,640 shares, the days-to-cover ratio is presently 1.6 days.

iShares MSCI USA Equal Weighted ETF Trading Down 1.0%

Shares of iShares MSCI USA Equal Weighted ETF stock opened at $113.72 on Wednesday. iShares MSCI USA Equal Weighted ETF has a 1 year low of $98.54 and a 1 year high of $119.75. The firm has a market capitalization of $1.81 billion, a PE ratio of 20.72 and a beta of 0.96. The firm’s 50 day moving average is $116.17 and its 200 day moving average is $111.14.

Institutional Trading of iShares MSCI USA Equal Weighted ETF

Several institutional investors have recently modified their holdings of EUSA. Palladiem LLC acquired a new stake in iShares MSCI USA Equal Weighted ETF during the fourth quarter worth approximately $8,284,000. Cary Street Partners Financial LLC bought a new position in shares of iShares MSCI USA Equal Weighted ETF in the fourth quarter valued at approximately $1,575,000. Arkadios Wealth Advisors lifted its stake in iShares MSCI USA Equal Weighted ETF by 5.2% during the 1st quarter. Arkadios Wealth Advisors now owns 251,323 shares of the company’s stock valued at $25,577,000 after acquiring an additional 12,457 shares in the last quarter. Sunbelt Securities Inc. boosted its holdings in iShares MSCI USA Equal Weighted ETF by 26.5% during the first quarter. Sunbelt Securities Inc. now owns 62,653 shares of the company’s stock worth $6,376,000 after purchasing an additional 13,142 shares during the last quarter. Finally, Goodman Financial Corp boosted its stake in shares of iShares MSCI USA Equal Weighted ETF by 58.0% in the 1st quarter. Goodman Financial Corp now owns 13,725 shares of the company’s stock worth $1,397,000 after buying an additional 5,040 shares during 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.