Short Interest in Lazard Japanese Equity ETF (NASDAQ:JPY) Rises By 523.8%

Lazard Japanese Equity ETF (NASDAQ:JPY) was the recipient of a large increase in short interest in March. As of March 13th, there was short interest totaling 20,984 shares, an increase of 523.8% from the February 26th total of 3,364 shares. Based on an average daily trading volume, of 18,470 shares, the short-interest ratio is currently 1.1 days. Approximately 1.0% of the shares of the company are sold short.

Lazard Japanese Equity ETF Stock Performance

Shares of Lazard Japanese Equity ETF stock traded down $0.74 during trading hours on Thursday, hitting $32.35. The company’s stock had a trading volume of 19,869 shares, compared to its average volume of 11,791. The company has a market cap of $69.55 million, a PE ratio of 13.38 and a beta of 1.79. The business has a 50 day moving average price of $34.28 and a two-hundred day moving average price of $32.71. Lazard Japanese Equity ETF has a 12-month low of $23.47 and a 12-month high of $37.22.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in JPY. Lazard Asset Management LLC purchased a new position in shares of Lazard Japanese Equity ETF during the second quarter valued at about $32,460,000. Permanens Capital L.P. purchased a new stake in shares of Lazard Japanese Equity ETF in the third quarter worth about $17,443,000. Citadel Advisors LLC bought a new position in Lazard Japanese Equity ETF during the third quarter valued at approximately $2,017,000. PNC Financial Services Group Inc. purchased a new position in Lazard Japanese Equity ETF during the 3rd quarter valued at approximately $1,161,000. Finally, Jane Street Group LLC purchased a new position in Lazard Japanese Equity ETF during the 2nd quarter valued at approximately $338,000.

Lazard Japanese Equity ETF Company Profile

The Lazard Japanese Equity ETF (JPY) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital appreciation through investments in equities and equity-related securities traded on Japanese markets. JPY was launched on Apr 4, 2025 and is issued by Lazard.