Short Interest in iShares MSCI Japan ETF (NYSEARCA:EWJ) Decreases By 30.3%

iShares MSCI Japan ETF (NYSEARCA:EWJ) saw a large decline in short interest in February. As of February 27th, there was short interest totaling 10,843,837 shares, a decline of 30.3% from the February 12th total of 15,555,286 shares. Based on an average daily volume of 9,981,039 shares, the short-interest ratio is presently 1.1 days. Currently, 5.6% of the shares of the stock are sold short. Currently, 5.6% of the shares of the stock are sold short. Based on an average daily volume of 9,981,039 shares, the short-interest ratio is presently 1.1 days.

Institutional Trading of iShares MSCI Japan ETF

Hedge funds have recently modified their holdings of the company. Focus Partners Wealth grew its position in iShares MSCI Japan ETF by 39.0% during the 1st quarter. Focus Partners Wealth now owns 10,230 shares of the exchange traded fund’s stock worth $701,000 after acquiring an additional 2,869 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in iShares MSCI Japan ETF by 3.3% in the second quarter. Bank of New York Mellon Corp now owns 93,063 shares of the exchange traded fund’s stock worth $6,977,000 after purchasing an additional 2,934 shares in the last quarter. AE Wealth Management LLC boosted its stake in iShares MSCI Japan ETF by 16.5% in the second quarter. AE Wealth Management LLC now owns 1,461 shares of the exchange traded fund’s stock worth $109,000 after purchasing an additional 207 shares in the last quarter. Allworth Financial LP grew its holdings in shares of iShares MSCI Japan ETF by 2,486.8% during the second quarter. Allworth Financial LP now owns 15,831 shares of the exchange traded fund’s stock worth $1,187,000 after purchasing an additional 15,219 shares during the last quarter. Finally, SBI Securities Co. Ltd. increased its stake in shares of iShares MSCI Japan ETF by 33.2% in the second quarter. SBI Securities Co. Ltd. now owns 2,445 shares of the exchange traded fund’s stock valued at $183,000 after buying an additional 610 shares in the last quarter. Institutional investors and hedge funds own 64.60% of the company’s stock.

iShares MSCI Japan ETF Price Performance

Shares of EWJ traded up $1.34 during trading hours on Monday, hitting $84.70. The stock had a trading volume of 1,577,281 shares, compared to its average volume of 10,561,342. The stock has a market capitalization of $16.53 billion, a price-to-earnings ratio of 14.63 and a beta of 0.68. The company’s fifty day moving average is $87.51 and its two-hundred day moving average is $83.69. iShares MSCI Japan ETF has a 52 week low of $59.84 and a 52 week high of $94.28.

iShares MSCI Japan ETF Company Profile

iShares MSCI Japan ETF (the fund), formerly Ishares Msci Japan Index Fund, is an exchange-traded fund. The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Japanese market, as measured by the MSCI Japan Index (the Index). The Index consists of stocks traded primarily on the Tokyo Stock Exchange. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.