iShares MSCI Japan Value ETF (NASDAQ:EWJV) Sees Large Growth in Short Interest

iShares MSCI Japan Value ETF (NASDAQ:EWJV) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 216,959 shares, a growth of 252.7% from the August 31st total of 61,508 shares. Approximately 1.3% of the company’s shares are short sold. Based on an average trading volume of 161,227 shares, the short-interest ratio is presently 1.3 days.

Institutional Investors Weigh In On iShares MSCI Japan Value ETF

A number of institutional investors have recently added to or reduced their stakes in EWJV. Royal Bank of Canada lifted its position in iShares MSCI Japan Value ETF by 98.5% during the first quarter. Royal Bank of Canada now owns 25,472 shares of the company’s stock worth $1,087,000 after buying an additional 12,637 shares in the last quarter. Waverly Advisors LLC purchased a new position in iShares MSCI Japan Value ETF in the first quarter worth approximately $2,860,000. Optiver Holding B.V. lifted its stake in iShares MSCI Japan Value ETF by 29.0% in the first quarter. Optiver Holding B.V. now owns 48,501 shares of the company’s stock worth $2,000,000 after acquiring an additional 10,893 shares during the last quarter. Aldebaran Capital LLC acquired a new position in iShares MSCI Japan Value ETF during the 1st quarter worth approximately $707,000. Finally, Western Wealth Management LLC purchased a new stake in shares of iShares MSCI Japan Value ETF during the 1st quarter worth $150,000.

iShares MSCI Japan Value ETF Stock Performance

EWJV traded up $1.13 on Friday, hitting $49.10. The company had a trading volume of 207,313 shares, compared to its average volume of 197,366. iShares MSCI Japan Value ETF has a 12-month low of $37.41 and a 12-month high of $50.22. The stock has a fifty day moving average price of $47.76 and a 200-day moving average price of $45.37. The stock has a market capitalization of $800.33 million, a price-to-earnings ratio of 10.93 and a beta of 0.47.

About iShares MSCI Japan Value ETF

The iShares MSCI Japan Value ETF (EWJV) is an exchange-traded fund that is based on the MSCI Japan Value index. The fund tracks a multi-factor-selected, market cap-weighted portfolio of Japanese equities. EWJV was launched on Mar 5, 2019 and is managed by BlackRock.