iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) Short Interest Down 72.0% in May

iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) was the target of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 326,144 shares, a decline of 72.0% from the May 14th total of 1,164,237 shares. Based on an average daily volume of 860,367 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.9% of the shares of the company are short sold.

iShares MSCI All Country Asia ex Japan ETF Price Performance

NASDAQ:AAXJ traded up $0.54 during midday trading on Friday, reaching $117.76. 427,196 shares of the company traded hands, compared to its average volume of 933,620. iShares MSCI All Country Asia ex Japan ETF has a twelve month low of $79.31 and a twelve month high of $123.68. The firm has a market capitalization of $4.15 billion, a price-to-earnings ratio of 15.30 and a beta of 0.72. The company has a fifty day moving average price of $111.30 and a 200 day moving average price of $102.45.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Rathbones Group PLC boosted its position in iShares MSCI All Country Asia ex Japan ETF by 9.8% during the 1st quarter. Rathbones Group PLC now owns 25,580 shares of the exchange traded fund’s stock worth $2,463,000 after acquiring an additional 2,280 shares during the period. Glenmede Trust Co. NA boosted its position in iShares MSCI All Country Asia ex Japan ETF by 5.4% during the 1st 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 period. iA Global Asset Management Inc. boosted its position in iShares MSCI All Country Asia ex Japan ETF by 90.0% during the 1st quarter. iA Global Asset Management Inc. now owns 35,080 shares of the exchange traded fund’s stock worth $3,378,000 after acquiring an additional 16,617 shares during the period. Russell Investments Group Ltd. boosted its position in iShares MSCI All Country Asia ex Japan ETF by 81.6% during the 4th quarter. Russell Investments Group Ltd. now owns 2,827 shares of the exchange traded fund’s stock worth $263,000 after acquiring an additional 1,270 shares during the period. Finally, Pragma Gestao DE Patrimonio Ltd. boosted its position in iShares MSCI All Country Asia ex Japan ETF by 10.2% during the 4th quarter. Pragma Gestao DE Patrimonio Ltd. now owns 665,400 shares of the exchange traded fund’s stock worth $61,962,000 after acquiring an additional 61,400 shares during the period.

About iShares MSCI All Country Asia ex Japan ETF

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.