iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN) Short Interest Up 80.2% in June

iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 16,521 shares, a growth of 80.2% from the June 15th total of 9,166 shares. Currently, 1.2% of the company’s stock are sold short. Based on an average trading volume of 20,100 shares, the days-to-cover ratio is currently 0.8 days.

iShares JPX-Nikkei 400 ETF Trading Down 1.4%

Shares of iShares JPX-Nikkei 400 ETF stock opened at $97.10 on Friday. iShares JPX-Nikkei 400 ETF has a twelve month low of $76.71 and a twelve month high of $102.69. The stock has a market cap of $131.08 million, a price-to-earnings ratio of 14.59 and a beta of 0.65. The company has a fifty day moving average price of $99.24 and a 200 day moving average price of $95.53.

Institutional Investors Weigh In On iShares JPX-Nikkei 400 ETF

Several institutional investors and hedge funds have recently modified their holdings of JPXN. Jane Street Group LLC lifted its position in shares of iShares JPX-Nikkei 400 ETF by 32.8% during the first 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 in the last quarter. Raymond James Financial Inc. acquired a new stake in iShares JPX-Nikkei 400 ETF during the 2nd quarter valued at $162,000. Bank of America Corp DE increased its stake in iShares JPX-Nikkei 400 ETF by 3.6% during the 2nd quarter. Bank of America Corp DE now owns 13,277 shares of the company’s stock worth $1,064,000 after buying an additional 467 shares during the period. Osaic Holdings Inc. increased its stake in iShares JPX-Nikkei 400 ETF by 329.9% during the 2nd quarter. Osaic Holdings Inc. now owns 331 shares of the company’s stock worth $26,000 after buying an additional 254 shares during the period. Finally, UBS Group AG increased its stake in iShares JPX-Nikkei 400 ETF by 6.6% during the 3rd quarter. UBS Group AG now owns 7,946 shares of the company’s stock worth $677,000 after buying an additional 492 shares during the period.

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.