Lazard Japanese Equity ETF (NASDAQ:JPY) Sees Large Decline in Short Interest

Lazard Japanese Equity ETF (NASDAQ:JPY) was the recipient of a large drop in short interest in July. As of July 31st, there was short interest totaling 18,742 shares, a drop of 62.8% from the July 15th total of 50,428 shares. Approximately 0.9% of the company’s stock are short sold. Based on an average daily volume of 4,197 shares, the days-to-cover ratio is currently 4.5 days.

Institutional Investors Weigh In On Lazard Japanese Equity ETF

A number of large investors have recently modified their holdings of the business. Bank of America Corp DE purchased a new stake in shares of Lazard Japanese Equity ETF during the first quarter worth about $593,000. PNC Financial Services Group Inc. raised its position in shares of Lazard Japanese Equity ETF by 20.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 44,628 shares of the company’s stock valued at $1,469,000 after purchasing an additional 7,650 shares during the last quarter. Permanens Capital L.P. purchased a new position in shares of Lazard Japanese Equity ETF in the 3rd quarter valued at approximately $17,443,000. Citadel Advisors LLC acquired a new stake in Lazard Japanese Equity ETF in the 3rd quarter worth approximately $2,017,000. Finally, Lazard Asset Management LLC acquired a new stake in Lazard Japanese Equity ETF in the 2nd quarter worth approximately $32,460,000.

Lazard Japanese Equity ETF Stock Performance

JPY stock traded up $0.10 on Friday, hitting $39.40. 1,358 shares of the company’s stock were exchanged, compared to its average volume of 8,245. Lazard Japanese Equity ETF has a 12-month low of $28.84 and a 12-month high of $39.42. The firm has a 50 day moving average price of $37.30 and a two-hundred day moving average price of $35.68. The stock has a market cap of $86.68 million, a P/E ratio of 13.38 and a beta of 0.72.

Lazard Japanese Equity ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Monday, June 22nd. Shareholders of record on Thursday, June 18th were paid a $0.2299 dividend. The ex-dividend date was Thursday, June 18th.

Lazard Japanese Equity ETF Company Profile

The Lazard Japanese Equity ETF (JPY) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital appreciation through investments in equities and equity-related securities traded on Japanese markets. JPY was launched on Apr 4, 2025 and is issued by Lazard.