Short Interest in iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) Rises By 148.5%

iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 810,467 shares, a growth of 148.5% from the May 31st total of 326,144 shares. Based on an average daily volume of 724,656 shares, the days-to-cover ratio is currently 1.1 days. Approximately 2.3% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Rathbones Group PLC increased its holdings in shares of iShares MSCI All Country Asia ex Japan ETF by 9.8% in the 1st quarter. Rathbones Group PLC now owns 25,580 shares of the exchange traded fund’s stock valued at $2,463,000 after acquiring an additional 2,280 shares during the last quarter. Glenmede Trust Co. NA lifted its stake 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 purchasing an additional 422 shares during the last quarter. iA Global Asset Management Inc. lifted its stake in iShares MSCI All Country Asia ex Japan ETF by 90.0% during the first quarter. iA Global Asset Management Inc. now owns 35,080 shares of the exchange traded fund’s stock worth $3,378,000 after purchasing an additional 16,617 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in iShares MSCI All Country Asia ex Japan ETF by 81.6% in the fourth quarter. Russell Investments Group Ltd. now owns 2,827 shares of the exchange traded fund’s stock valued at $263,000 after purchasing an additional 1,270 shares in the last quarter. Finally, Pragma Gestao DE Patrimonio Ltd. boosted its holdings in iShares MSCI All Country Asia ex Japan ETF by 10.2% in the fourth quarter. Pragma Gestao DE Patrimonio Ltd. now owns 665,400 shares of the exchange traded fund’s stock valued at $61,962,000 after purchasing an additional 61,400 shares in the last quarter.

iShares MSCI All Country Asia ex Japan ETF Price Performance

Shares of iShares MSCI All Country Asia ex Japan ETF stock traded up $1.36 during trading on Tuesday, hitting $118.83. 86,268 shares of the stock were exchanged, compared to its average volume of 900,595. The firm’s 50-day moving average price is $115.33 and its 200 day moving average price is $104.64. The stock has a market cap of $4.18 billion, a price-to-earnings ratio of 15.30 and a beta of 0.72. iShares MSCI All Country Asia ex Japan ETF has a 12-month low of $81.90 and a 12-month high of $124.89.

iShares MSCI All Country Asia ex Japan ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a $0.4208 dividend. The ex-dividend date was Monday, June 15th.

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.