Short Interest in iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN) Grows By 50.0%

iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 900 shares, a growth of 50.0% from the September 30th total of 600 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 4,500 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 4,500 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Osaic Holdings Inc. increased its stake in shares of iShares JPX-Nikkei 400 ETF by 329.9% during the second quarter. Osaic Holdings Inc. now owns 331 shares of the company’s stock worth $26,000 after purchasing an additional 254 shares in the last quarter. Bank of America Corp DE increased its stake in shares of iShares JPX-Nikkei 400 ETF by 3.6% during the second quarter. Bank of America Corp DE now owns 13,277 shares of the company’s stock worth $1,064,000 after purchasing an additional 467 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of iShares JPX-Nikkei 400 ETF during the second quarter worth about $162,000. Flow Traders U.S. LLC increased its stake in shares of iShares JPX-Nikkei 400 ETF by 2.9% during the second quarter. Flow Traders U.S. LLC now owns 75,254 shares of the company’s stock worth $6,029,000 after purchasing an additional 2,130 shares in the last quarter. Finally, Jane Street Group LLC boosted its position in 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 acquiring an additional 22,488 shares during the last quarter.

iShares JPX-Nikkei 400 ETF Trading Up 0.1%

Shares of NYSEARCA:JPXN traded up $0.09 on Monday, hitting $87.92. 3,068 shares of the company were exchanged, compared to its average volume of 10,650. iShares JPX-Nikkei 400 ETF has a 1-year low of $64.67 and a 1-year high of $88.69. The stock’s 50 day moving average price is $85.87 and its 200 day moving average price is $81.30. The firm has a market capitalization of $105.50 million, a P/E ratio of 14.59 and a beta of 0.65.

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.