iShares MSCI Japan ETF (NYSEARCA:EWJ) Short Interest Update

iShares MSCI Japan ETF (NYSEARCA:EWJ) was the target of a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 4,408,490 shares, a drop of 53.2% from the April 30th total of 9,412,690 shares. Approximately 1.9% of the shares of the company are sold short. Based on an average trading volume of 5,450,219 shares, the short-interest ratio is presently 0.8 days.

iShares MSCI Japan ETF Price Performance

Shares of EWJ traded down $0.03 during mid-day trading on Monday, reaching $92.93. 9,665,313 shares of the company’s stock were exchanged, compared to its average volume of 8,986,073. The business’s fifty day simple moving average is $88.57 and its 200-day simple moving average is $86.34. iShares MSCI Japan ETF has a 52-week low of $71.09 and a 52-week high of $94.28. The stock has a market capitalization of $21.79 billion, a PE ratio of 14.63 and a beta of 0.68.

Institutional Trading of iShares MSCI Japan ETF

A number of institutional investors have recently modified their holdings of the company. Angeles Investment Advisors LLC purchased a new stake in iShares MSCI Japan ETF in the 3rd quarter worth about $29,918,000. South Shore Capital Advisors bought a new stake in iShares MSCI Japan ETF in the 4th quarter valued at $1,067,000. Blair William & Co. IL grew its stake in shares of iShares MSCI Japan ETF by 66.9% in the 3rd quarter. Blair William & Co. IL now owns 52,686 shares of the exchange traded fund’s stock valued at $4,226,000 after purchasing an additional 21,124 shares during the period. Syon Capital LLC boosted its stake in iShares MSCI Japan ETF by 24.6% in the 3rd quarter. Syon Capital LLC now owns 56,683 shares of the exchange traded fund’s stock valued at $4,547,000 after buying an additional 11,175 shares in the last quarter. Finally, Checchi Capital Advisers LLC bought a new position in iShares MSCI Japan ETF in the 3rd quarter valued at $6,029,000. Hedge funds and other institutional investors own 64.60% of the company’s stock.

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.