Short Interest in iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) Declines By 72.0%

iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) was the target of a large decrease in short interest in May. As of May 29th, there was short interest totaling 326,144 shares, a decrease of 72.0% from the May 14th total of 1,164,237 shares. Currently, 0.9% of the company’s shares are short sold. Based on an average trading volume of 860,367 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of iShares MSCI All Country Asia ex Japan ETF

A number of hedge funds have recently bought and sold shares of the stock. Russell Investments Group Ltd. bought a new position in shares of iShares MSCI All Country Asia ex Japan ETF during the 3rd quarter worth about $142,000. Jones Financial Companies Lllp lifted its holdings in iShares MSCI All Country Asia ex Japan ETF by 199.7% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,942 shares of the exchange traded fund’s stock valued at $175,000 after purchasing an additional 1,294 shares during the last quarter. Saranac Partners Ltd bought a new position in iShares MSCI All Country Asia ex Japan ETF during the 3rd quarter valued at about $228,000. Glenmede Trust Co. NA lifted its holdings in iShares MSCI All Country Asia ex Japan ETF by 5.4% during the 1st quarter. Glenmede Trust Co. NA now owns 8,243 shares of the exchange traded fund’s stock valued at $794,000 after purchasing an additional 422 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its holdings in iShares MSCI All Country Asia ex Japan ETF by 42.0% during the 2nd quarter. BNP Paribas Financial Markets now owns 10,534 shares of the exchange traded fund’s stock valued at $870,000 after purchasing an additional 3,115 shares during the last quarter.

iShares MSCI All Country Asia ex Japan ETF Stock Up 0.5%

Shares of AAXJ traded up $0.62 during mid-day trading on Friday, hitting $117.84. 349,001 shares of the company’s stock were exchanged, compared to its average volume of 932,843. The firm has a fifty day moving average of $110.88 and a two-hundred day moving average of $102.35. iShares MSCI All Country Asia ex Japan ETF has a twelve month low of $79.31 and a twelve month high of $123.68. The stock has a market cap of $4.15 billion, a price-to-earnings ratio of 15.30 and a beta of 0.72.

iShares MSCI All Country Asia ex Japan ETF Company Profile

iShares MSCI All Country Asia ex Japan ETF (the Fund), formerly The iShares MSCI All Country Asia ex Japan Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, of the MSCI All Country Asia ex Japan Index (the Index). The Index is a free-float adjusted market capitalization index designed to measure equity market performance of the 12 countries, such as Australia, China, Honk Kong, India, Indonesia, Malaysia, New Zealand, the Philippines, Singapore, South Korea, Taiwan and Thailand.