Short Interest in iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) Grows By 148.5%

iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 810,467 shares, an increase of 148.5% from the May 31st total of 326,144 shares. Based on an average daily trading volume, of 724,656 shares, the days-to-cover ratio is currently 1.1 days. Currently, 2.3% of the shares of the stock are short sold.

Hedge Funds Weigh In On iShares MSCI All Country Asia ex Japan ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Russell Investments Group Ltd. purchased a new stake in iShares MSCI All Country Asia ex Japan ETF in the 3rd quarter valued at $142,000. Saranac Partners Ltd acquired a new position in shares of iShares MSCI All Country Asia ex Japan ETF during the third quarter worth about $228,000. Glenmede Trust Co. NA lifted its position in shares of 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 worth $794,000 after purchasing an additional 422 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in shares of iShares MSCI All Country Asia ex Japan ETF by 42.0% in the 2nd quarter. BNP Paribas Financial Markets now owns 10,534 shares of the exchange traded fund’s stock valued at $870,000 after acquiring an additional 3,115 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its stake in iShares MSCI All Country Asia ex Japan ETF by 2.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 19,330 shares of the exchange traded fund’s stock worth $1,597,000 after acquiring an additional 459 shares in the last quarter.

iShares MSCI All Country Asia ex Japan ETF Trading Down 0.2%

Shares of NASDAQ:AAXJ traded down $0.22 during trading on Monday, reaching $116.64. The company’s stock had a trading volume of 201,315 shares, compared to its average volume of 906,506. The firm’s 50 day simple moving average is $115.10 and its two-hundred day simple moving average is $104.46. The stock has a market capitalization of $4.11 billion, a PE ratio of 15.30 and a beta of 0.72. iShares MSCI All Country Asia ex Japan ETF has a 12 month low of $81.90 and a 12 month high of $124.89.

iShares MSCI All Country Asia ex Japan ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a $0.4208 dividend. The ex-dividend date was Monday, June 15th.

About iShares MSCI All Country Asia ex Japan ETF

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.