iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) Short Interest Up 137.8% in August

iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) was the target of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 85,153 shares, a growth of 137.8% from the July 30th total of 35,803 shares. Approximately 3.5% of the company’s shares are short sold. Based on an average daily trading volume, of 39,685 shares, the days-to-cover ratio is presently 2.1 days.

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

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

iShares MSCI Japan Small-Cap ETF Price Performance

SCJ stock traded down $0.31 during midday trading on Friday, reaching $108.93. 29,982 shares of the company were exchanged, compared to its average volume of 57,965. The firm has a market capitalization of $261.43 million, a price-to-earnings ratio of 13.39 and a beta of 0.51. The business has a 50-day moving average price of $106.78 and a two-hundred day moving average price of $103.79. iShares MSCI Japan Small-Cap ETF has a one year low of $88.08 and a one 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.