iShares MSCI Japan Value ETF (NASDAQ:EWJV) Sees Significant Growth in Short Interest

iShares MSCI Japan Value ETF (NASDAQ:EWJV) saw a significant increase in short interest in August. As of August 14th, there was short interest totaling 124,630 shares, an increase of 128.2% from the July 30th total of 54,615 shares. Currently, 0.8% of the shares of the stock are sold short. Based on an average daily volume of 171,741 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Investors Weigh In On iShares MSCI Japan Value ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Kestra Advisory Services LLC bought a new stake in shares of iShares MSCI Japan Value ETF during the fourth quarter valued at approximately $37,000. Wells Fargo & Company MN boosted its position in iShares MSCI Japan Value ETF by 96,700.0% in the 4th quarter. Wells Fargo & Company MN now owns 968 shares of the company’s stock valued at $38,000 after buying an additional 967 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in iShares MSCI Japan Value ETF by 72.3% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,022 shares of the company’s stock valued at $40,000 after buying an additional 429 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in shares of iShares MSCI Japan Value ETF in the 1st quarter valued at $44,000. Finally, TD Waterhouse Canada Inc. acquired a new stake in shares of iShares MSCI Japan Value ETF in the 2nd quarter valued at $71,000.

iShares MSCI Japan Value ETF Price Performance

Shares of NASDAQ:EWJV traded up $0.17 during midday trading on Friday, reaching $47.65. The company’s stock had a trading volume of 180,470 shares, compared to its average volume of 204,193. iShares MSCI Japan Value ETF has a fifty-two week low of $37.41 and a fifty-two week high of $48.36. The company has a market capitalization of $738.58 million, a P/E ratio of 10.93 and a beta of 0.47. The business’s fifty day simple moving average is $46.15 and its 200-day simple moving average is $44.89.

iShares MSCI Japan Value ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were issued a dividend of $0.4831 per share. The ex-dividend date of this dividend was Monday, June 15th.

About iShares MSCI Japan Value ETF

The iShares MSCI Japan Value ETF (EWJV) is an exchange-traded fund that is based on the MSCI Japan Value index. The fund tracks a multi-factor-selected, market cap-weighted portfolio of Japanese equities. EWJV was launched on Mar 5, 2019 and is managed by BlackRock.