Short Interest in iShares MSCI Japan Value ETF (NASDAQ:EWJV) Drops By 92.1%

iShares MSCI Japan Value ETF (NASDAQ:EWJV) was the target of a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 50,331 shares, a decrease of 92.1% from the February 12th total of 637,524 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average trading volume of 243,453 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 243,453 shares, the short-interest ratio is presently 0.2 days. Approximately 0.4% of the shares of the company are sold short.

Hedge Funds Weigh In On iShares MSCI Japan Value ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Bank of America Corp DE boosted its stake in shares of iShares MSCI Japan Value ETF by 29.3% in the 3rd quarter. Bank of America Corp DE now owns 1,038,103 shares of the company’s stock worth $40,541,000 after buying an additional 235,301 shares during the last quarter. Flow Traders U.S. LLC increased its position in iShares MSCI Japan Value ETF by 38.0% during the third quarter. Flow Traders U.S. LLC now owns 446,596 shares of the company’s stock valued at $17,441,000 after acquiring an additional 122,887 shares during the last quarter. Guardian Partners Inc. lifted its holdings in iShares MSCI Japan Value ETF by 933.4% in the third quarter. Guardian Partners Inc. now owns 427,575 shares of the company’s stock valued at $16,576,000 after acquiring an additional 386,199 shares during the period. Jane Street Group LLC lifted its holdings in iShares MSCI Japan Value ETF by 121.5% in the first quarter. Jane Street Group LLC now owns 159,833 shares of the company’s stock valued at $5,318,000 after acquiring an additional 87,663 shares during the period. Finally, OLD Mission Capital LLC boosted its position in iShares MSCI Japan Value ETF by 968.3% in the fourth quarter. OLD Mission Capital LLC now owns 142,657 shares of the company’s stock worth $5,667,000 after purchasing an additional 129,303 shares during the last quarter.

iShares MSCI Japan Value ETF Stock Performance

Shares of EWJV traded up $0.45 during mid-day trading on Tuesday, hitting $43.10. 373,962 shares of the company traded hands, compared to its average volume of 294,314. The stock has a market cap of $603.40 million, a price-to-earnings ratio of 10.93 and a beta of 0.49. The stock has a 50-day moving average price of $43.47 and a two-hundred day moving average price of $40.85. iShares MSCI Japan Value ETF has a 1 year low of $28.84 and a 1 year high of $47.69.

iShares MSCI Japan Value ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were given a $1.7492 dividend. This represents a yield of 882.0%. The ex-dividend date of this dividend was Tuesday, December 16th.

About iShares MSCI Japan Value ETF

The iShares MSCI Japan Value ETF (EWJV) is an exchange-traded fund that is based on the MSCI Japan Value index. The fund tracks a multi-factor-selected, market cap-weighted portfolio of Japanese equities. EWJV was launched on Mar 5, 2019 and is managed by BlackRock.