iShares MSCI Japan ETF (NYSEARCA:EWJ – Get Free Report) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 11,056,216 shares, an increase of 168.7% from the September 15th total of 4,114,944 shares. Currently, 4.5% of the shares of the company are sold short. Based on an average daily trading volume, of 4,074,791 shares, the short-interest ratio is currently 2.7 days.
Institutional Trading of iShares MSCI Japan ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Envestnet Asset Management Inc. lifted its position in iShares MSCI Japan ETF by 2.2% during the second quarter. Envestnet Asset Management Inc. now owns 5,990,384 shares of the exchange traded fund’s stock valued at $558,723,000 after purchasing an additional 128,092 shares during the period. Royal Bank of Canada grew its position in iShares MSCI Japan ETF by 98.6% during the 1st quarter. Royal Bank of Canada now owns 5,048,553 shares of the exchange traded fund’s stock worth $426,300,000 after purchasing an additional 2,506,472 shares during the period. The Manufacturers Life Insurance Company grew its position in iShares MSCI Japan ETF by 11.1% during the 1st quarter. The Manufacturers Life Insurance Company now owns 2,034,620 shares of the exchange traded fund’s stock worth $171,803,000 after purchasing an additional 203,875 shares during the period. Bessemer Group Inc. grew its position in iShares MSCI Japan ETF by 2,279.0% during the 1st quarter. Bessemer Group Inc. now owns 1,670,435 shares of the exchange traded fund’s stock worth $141,051,000 after purchasing an additional 1,600,219 shares during the period. Finally, Glenmede Trust Co. NA raised its stake in shares of iShares MSCI Japan ETF by 2.3% during the 1st quarter. Glenmede Trust Co. NA now owns 1,428,598 shares of the exchange traded fund’s stock valued at $120,631,000 after buying an additional 31,547 shares during the last quarter. Institutional investors and hedge funds own 64.60% of the company’s stock.
iShares MSCI Japan ETF Price Performance
NYSEARCA:EWJ traded down $1.46 during midday trading on Wednesday, hitting $95.86. The company’s stock had a trading volume of 1,003,986 shares, compared to its average volume of 6,842,283. iShares MSCI Japan ETF has a fifty-two week low of $79.47 and a fifty-two week high of $99.98. The firm’s 50 day moving average is $96.98 and its 200-day moving average is $93.07. The firm has a market cap of $23.32 billion, a P/E ratio of 14.63 and a beta of 0.71.
About iShares MSCI Japan ETF
iShares MSCI Japan ETF (the fund), formerly Ishares Msci Japan Index Fund, is an exchange-traded fund. The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Japanese market, as measured by the MSCI Japan Index (the Index). The Index consists of stocks traded primarily on the Tokyo Stock Exchange. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
See Also
- Five stocks we like better than iShares MSCI Japan ETF
- Intel Bets on Cheaper AI as Foundry Losses Mount
- Don’t Get NVIDIA’s Reflection AI Interest Wrong: Its Moat Could Deepen
- Birkenstock’s Strong Growth Creates a Buying Opportunity
- High Voltage Returns: Navitas Rewires AI Data Centers
Receive News & Ratings for iShares MSCI Japan ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Japan ETF and related companies with MarketBeat.com's FREE daily email newsletter.
