iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) Sees Significant Increase in Short Interest

iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 1,164,237 shares, a growth of 170.3% from the April 30th total of 430,768 shares. Based on an average daily volume of 607,350 shares, the short-interest ratio is currently 1.9 days. Currently, 3.3% of the shares of the company are short sold.

iShares MSCI All Country Asia ex Japan ETF Stock Performance

Shares of NASDAQ:AAXJ opened at $119.06 on Friday. iShares MSCI All Country Asia ex Japan ETF has a 52-week low of $77.02 and a 52-week high of $119.96. The company has a market capitalization of $4.19 billion, a P/E ratio of 15.30 and a beta of 0.70. The company has a 50-day simple moving average of $107.04 and a 200 day simple moving average of $100.74.

Institutional Investors Weigh In On iShares MSCI All Country Asia ex Japan ETF

Hedge funds have recently bought and sold shares of the company. Russell Investments Group Ltd. acquired a new stake in iShares MSCI All Country Asia ex Japan ETF in the 3rd quarter valued at about $142,000. Jones Financial Companies Lllp lifted its position in iShares MSCI All Country Asia ex Japan ETF by 199.7% during the third quarter. Jones Financial Companies Lllp now owns 1,942 shares of the exchange traded fund’s stock worth $175,000 after acquiring an additional 1,294 shares during the last quarter. Saranac Partners Ltd acquired a new stake in iShares MSCI All Country Asia ex Japan ETF during the third quarter worth approximately $228,000. Glenmede Trust Co. NA lifted its position in iShares MSCI All Country Asia ex Japan ETF by 5.4% during the first quarter. Glenmede Trust Co. NA now owns 8,243 shares of the exchange traded fund’s stock worth $794,000 after acquiring an additional 422 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its position in iShares MSCI All Country Asia ex Japan ETF by 42.0% during the second quarter. BNP Paribas Financial Markets now owns 10,534 shares of the exchange traded fund’s stock worth $870,000 after acquiring an additional 3,115 shares during the last quarter.

iShares MSCI All Country Asia ex Japan ETF Company Profile

iShares MSCI All Country Asia ex Japan ETF (the Fund), formerly The iShares MSCI All Country Asia ex Japan Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, of the MSCI All Country Asia ex Japan Index (the Index). The Index is a free-float adjusted market capitalization index designed to measure equity market performance of the 12 countries, such as Australia, China, Honk Kong, India, Indonesia, Malaysia, New Zealand, the Philippines, Singapore, South Korea, Taiwan and Thailand.