Short Interest in iShares MSCI Japan Value ETF (NASDAQ:EWJV) Rises By 57.6%

iShares MSCI Japan Value ETF (NASDAQ:EWJV) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 360,700 shares, an increase of 57.6% from the August 31st total of 228,800 shares. Based on an average daily volume of 99,300 shares, the short-interest ratio is presently 3.6 days. Based on an average daily volume of 99,300 shares, the short-interest ratio is presently 3.6 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Copia Wealth Management boosted its holdings in iShares MSCI Japan Value ETF by 11.2% in the second quarter. Copia Wealth Management now owns 3,447 shares of the company’s stock valued at $120,000 after purchasing an additional 347 shares during the period. Maridea Wealth Management LLC boosted its holdings in iShares MSCI Japan Value ETF by 3.9% in the second quarter. Maridea Wealth Management LLC now owns 10,082 shares of the company’s stock valued at $350,000 after purchasing an additional 383 shares during the period. Mraz Amerine & Associates Inc. lifted its holdings in iShares MSCI Japan Value ETF by 1.5% during the 1st quarter. Mraz Amerine & Associates Inc. now owns 27,754 shares of the company’s stock worth $933,000 after buying an additional 415 shares during the last quarter. Breakwater Capital Group lifted its holdings in iShares MSCI Japan Value ETF by 8.2% during the 2nd quarter. Breakwater Capital Group now owns 8,919 shares of the company’s stock worth $310,000 after buying an additional 675 shares during the last quarter. Finally, North Capital Inc. purchased a new stake in iShares MSCI Japan Value ETF during the 2nd quarter worth about $25,000.

iShares MSCI Japan Value ETF Trading Up 0.6%

NASDAQ:EWJV traded up $0.23 during midday trading on Monday, reaching $39.66. The company had a trading volume of 76,717 shares, compared to its average volume of 110,907. The firm has a market capitalization of $503.68 million, a price-to-earnings ratio of 10.93 and a beta of 0.58. The stock’s fifty day simple moving average is $38.19 and its 200-day simple moving average is $35.49. iShares MSCI Japan Value ETF has a 12-month low of $28.84 and a 12-month high of $39.85.

iShares MSCI Japan Value ETF Company Profile

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.