iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) Short Interest Up 137.8% in August

iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) was the recipient of a large growth in short interest in August. As of August 14th, there was short interest totaling 85,153 shares, a growth of 137.8% from the July 30th total of 35,803 shares. Based on an average daily trading volume, of 39,685 shares, the short-interest ratio is currently 2.1 days. Currently, 3.5% of the shares of the stock are sold short.

Hedge Funds Weigh In On iShares MSCI Japan Small-Cap ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Van Berkom & Associates Inc. acquired a new position in shares of iShares MSCI Japan Small-Cap ETF during the 4th quarter valued at about $94,000. JPMorgan Chase & Co. boosted its holdings in iShares MSCI Japan Small-Cap ETF by 169.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,197 shares of the company’s stock valued at $187,000 after purchasing an additional 1,382 shares during the last quarter. Resolute Advisors LLC grew its stake in shares of iShares MSCI Japan Small-Cap ETF by 15.1% in the 4th quarter. Resolute Advisors LLC now owns 3,893 shares of the company’s stock valued at $357,000 after buying an additional 510 shares during the period. Jones Financial Companies Lllp increased its holdings in shares of iShares MSCI Japan Small-Cap ETF by 412.8% during the 1st quarter. Jones Financial Companies Lllp now owns 5,128 shares of the company’s stock worth $393,000 after buying an additional 4,128 shares during the last quarter. Finally, S&CO Inc. acquired a new stake in shares of iShares MSCI Japan Small-Cap ETF during the 2nd quarter worth approximately $1,579,000.

iShares MSCI Japan Small-Cap ETF Price Performance

SCJ stock traded down $0.11 during trading on Friday, hitting $109.13. The stock had a trading volume of 37,681 shares, compared to its average volume of 58,016. The stock has a market capitalization of $261.91 million, a P/E ratio of 13.39 and a beta of 0.51. The company’s 50-day moving average price is $106.85 and its two-hundred day moving average price is $103.83. iShares MSCI Japan Small-Cap ETF has a twelve month low of $88.08 and a twelve month high of $110.85.

About iShares MSCI Japan Small-Cap ETF

The iShares MSCI Japan Small-Cap ETF (SCJ) is an exchange-traded fund that is based on the MSCI Japan Small Cap index, a market-cap-weighted index of small-cap Japanese stocks. SCJ was launched on Dec 20, 2007 and is managed by BlackRock.