iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) Short Interest Up 329.3% in July

iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 35,803 shares, an increase of 329.3% from the July 15th total of 8,339 shares. Approximately 1.5% of the shares of the company are short sold. Based on an average daily volume of 38,672 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. S&CO Inc. acquired a new position in shares of iShares MSCI Japan Small-Cap ETF in the 2nd quarter valued at $1,579,000. Jones Financial Companies Lllp grew its position in iShares MSCI Japan Small-Cap ETF by 412.8% during the first quarter. Jones Financial Companies Lllp now owns 5,128 shares of the company’s stock valued at $393,000 after buying an additional 4,128 shares during the period. JPMorgan Chase & Co. increased its holdings in iShares MSCI Japan Small-Cap ETF by 169.6% in the second quarter. JPMorgan Chase & Co. now owns 2,197 shares of the company’s stock valued at $187,000 after buying an additional 1,382 shares in the last quarter. Van Berkom & Associates Inc. purchased a new position in iShares MSCI Japan Small-Cap ETF in the fourth quarter valued at $94,000. Finally, Resolute Advisors LLC raised its position in shares of iShares MSCI Japan Small-Cap ETF by 15.1% in the fourth quarter. Resolute Advisors LLC now owns 3,893 shares of the company’s stock worth $357,000 after acquiring an additional 510 shares during the period.

iShares MSCI Japan Small-Cap ETF Trading Up 1.1%

Shares of NYSEARCA SCJ traded up $1.24 during trading on Wednesday, reaching $109.79. 8,929 shares of the company traded hands, compared to its average volume of 60,590. The firm’s fifty day simple moving average is $105.72 and its 200 day simple moving average is $102.82. The stock has a market cap of $263.50 million, a P/E ratio of 13.39 and a beta of 0.51. iShares MSCI Japan Small-Cap ETF has a 12-month low of $88.08 and a 12-month high of $110.31.

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.