iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN) Sees Significant Increase in Short Interest

iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN) was the recipient of a large growth in short interest in January. As of January 30th, there was short interest totaling 84,331 shares, a growth of 740.0% from the January 15th total of 10,039 shares. Based on an average daily trading volume, of 51,608 shares, the short-interest ratio is currently 1.6 days. Currently, 6.2% of the shares of the stock are sold short. Currently, 6.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 51,608 shares, the short-interest ratio is currently 1.6 days.

iShares JPX-Nikkei 400 ETF Price Performance

NYSEARCA JPXN traded up $2.07 on Tuesday, hitting $100.07. The company had a trading volume of 115,316 shares, compared to its average volume of 39,849. The company has a market capitalization of $135.09 million, a PE ratio of 14.59 and a beta of 0.65. The company’s fifty day moving average price is $89.77 and its 200-day moving average price is $86.90. iShares JPX-Nikkei 400 ETF has a 12-month low of $64.67 and a 12-month high of $100.37.

Institutional Trading of iShares JPX-Nikkei 400 ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Jane Street Group LLC raised its position in shares of iShares JPX-Nikkei 400 ETF by 32.8% during the 1st quarter. Jane Street Group LLC now owns 91,084 shares of the company’s stock worth $6,647,000 after purchasing an additional 22,488 shares during the last quarter. Flow Traders U.S. LLC increased its stake in iShares JPX-Nikkei 400 ETF by 2.9% during the 2nd quarter. Flow Traders U.S. LLC now owns 75,254 shares of the company’s stock worth $6,029,000 after buying an additional 2,130 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of iShares JPX-Nikkei 400 ETF during the second quarter valued at approximately $162,000. Bank of America Corp DE raised its holdings in shares of iShares JPX-Nikkei 400 ETF by 3.6% during the second quarter. Bank of America Corp DE now owns 13,277 shares of the company’s stock valued at $1,064,000 after acquiring an additional 467 shares during the last quarter. Finally, Osaic Holdings Inc. lifted its position in shares of iShares JPX-Nikkei 400 ETF by 329.9% in the second quarter. Osaic Holdings Inc. now owns 331 shares of the company’s stock valued at $26,000 after acquiring an additional 254 shares in the last quarter.

iShares JPX-Nikkei 400 ETF Company Profile

iShares Japan Large-Cap ETF (the Fund), formerly iShares S&P/TOPIX 150 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P/TOPIX 150 (the Index). The Index is comprised of approximately 70% of the market value of the Japanese equity market. Components primarily include consumer discretionary, financial and industrials companies. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Index.