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

iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) was the target of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 99,374 shares, a growth of 90.4% from the June 30th total of 52,181 shares. Based on an average daily trading volume, of 103,197 shares, the short-interest ratio is presently 1.0 days. Currently, 0.6% of the shares of the company are sold short.

iShares MSCI USA Equal Weighted ETF Stock Down 0.2%

NYSEARCA EUSA opened at $114.47 on Friday. The firm has a market cap of $1.82 billion, a P/E ratio of 20.72 and a beta of 0.96. iShares MSCI USA Equal Weighted ETF has a 52-week low of $98.24 and a 52-week high of $116.11. The business’s 50-day moving average price is $113.41 and its 200 day moving average price is $108.78.

Institutional Trading of iShares MSCI USA Equal Weighted ETF

Hedge funds have recently added to or reduced their stakes in the stock. Calydon Capital increased its holdings in shares of iShares MSCI USA Equal Weighted ETF by 37.5% in the fourth quarter. Calydon Capital now owns 283,196 shares of the company’s stock valued at $29,274,000 after purchasing an additional 77,244 shares during the period. Arkadios Wealth Advisors raised its stake in shares of iShares MSCI USA Equal Weighted ETF by 5.2% during the first quarter. Arkadios Wealth Advisors now owns 251,323 shares of the company’s stock worth $25,577,000 after purchasing an additional 12,457 shares during the last quarter. Davidson Investment Advisors lifted its holdings in shares of iShares MSCI USA Equal Weighted ETF by 4.9% during the fourth quarter. Davidson Investment Advisors now owns 234,544 shares of the company’s stock worth $24,245,000 after purchasing an additional 10,936 shares during the period. Crews Bank & Trust lifted its holdings in shares of 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 worth $15,674,000 after purchasing an additional 604 shares during the period. Finally, Palladiem LLC purchased a new position in iShares MSCI USA Equal Weighted ETF in the 4th quarter valued at $8,284,000.

About iShares MSCI USA Equal Weighted ETF

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.