Short Interest in iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) Grows By 329.3%

iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 35,803 shares, an increase of 329.3% from the July 15th total of 8,339 shares. Currently, 1.5% of the company’s shares are sold short. Based on an average daily volume of 38,672 shares, the days-to-cover ratio is currently 0.9 days.

Hedge Funds Weigh In On iShares MSCI Japan Small-Cap ETF

A number of large investors have recently modified their holdings of SCJ. Jones Financial Companies Lllp lifted its stake in shares of iShares MSCI Japan Small-Cap ETF by 412.8% in the 1st quarter. Jones Financial Companies Lllp now owns 5,128 shares of the company’s stock valued at $393,000 after purchasing an additional 4,128 shares in the last quarter. JPMorgan Chase & Co. increased its position in iShares MSCI Japan Small-Cap ETF by 169.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,197 shares of the company’s stock worth $187,000 after purchasing an additional 1,382 shares in the last quarter. Van Berkom & Associates Inc. acquired a new stake in iShares MSCI Japan Small-Cap ETF during the 4th quarter worth approximately $94,000. Resolute Advisors LLC raised its holdings in iShares MSCI Japan Small-Cap ETF by 15.1% in the fourth quarter. Resolute Advisors LLC now owns 3,893 shares of the company’s stock valued at $357,000 after buying an additional 510 shares during the period. Finally, S&CO Inc. acquired a new position in iShares MSCI Japan Small-Cap ETF during the second quarter valued at approximately $1,579,000.

iShares MSCI Japan Small-Cap ETF Stock Up 0.5%

Shares of NYSEARCA SCJ traded up $0.57 during trading on Thursday, hitting $110.39. 70,130 shares of the company traded hands, compared to its average volume of 60,670. The firm has a market capitalization of $264.94 million, a P/E ratio of 13.39 and a beta of 0.51. The company has a 50-day moving average price of $105.82 and a 200-day moving average price of $102.92. iShares MSCI Japan Small-Cap ETF has a 1 year low of $88.08 and a 1 year high of $110.85.

iShares MSCI Japan Small-Cap ETF Company Profile

The iShares MSCI Japan Small-Cap ETF (SCJ) is an exchange-traded fund that is based on the MSCI Japan Small Cap index, a market-cap-weighted index of small-cap Japanese stocks. SCJ was launched on Dec 20, 2007 and is managed by BlackRock.