iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) Short Interest Update

iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) was the recipient of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 42,981 shares, a decrease of 49.5% from the August 15th total of 85,153 shares. Approximately 1.8% of the shares of the company are short sold. Based on an average trading volume of 20,336 shares, the days-to-cover ratio is presently 2.1 days.

iShares MSCI Japan Small-Cap ETF Trading Up 0.4%

SCJ traded up $0.41 during midday trading on Wednesday, hitting $110.24. 24,756 shares of the company were exchanged, compared to its average volume of 57,051. The company’s 50 day simple moving average is $107.70 and its 200 day simple moving average is $104.19. The firm has a market capitalization of $221.58 million, a price-to-earnings ratio of 13.39 and a beta of 0.51. iShares MSCI Japan Small-Cap ETF has a 1-year low of $88.08 and a 1-year high of $111.42.

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

An institutional investor recently bought a new position in iShares MSCI Japan Small-Cap ETF stock. S&CO Inc. purchased a new position in iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 15,000 shares of the company’s stock, valued at approximately $1,579,000. S&CO Inc. owned about 0.63% of iShares MSCI Japan Small-Cap ETF at the end of the most recent reporting period.

About iShares MSCI Japan Small-Cap ETF

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.