Short Interest in iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN) Expands By 137.3%

iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN) was the recipient of a significant growth in short interest in March. As of March 31st, there was short interest totaling 34,730 shares, a growth of 137.3% from the March 15th total of 14,633 shares. Based on an average trading volume of 37,257 shares, the days-to-cover ratio is presently 0.9 days. Approximately 2.3% of the shares of the stock are short sold.

Institutional Investors Weigh In On iShares JPX-Nikkei 400 ETF

A number of hedge funds have recently added to or reduced their stakes in JPXN. Jane Street Group LLC grew its holdings in iShares JPX-Nikkei 400 ETF by 32.8% during the 1st quarter. Jane Street Group LLC now owns 91,084 shares of the company’s stock worth $6,647,000 after acquiring an additional 22,488 shares during the last quarter. Raymond James Financial Inc. bought a new position in iShares JPX-Nikkei 400 ETF in the second quarter valued at about $162,000. Bank of America Corp DE boosted its holdings in iShares JPX-Nikkei 400 ETF by 3.6% in the second quarter. Bank of America Corp DE now owns 13,277 shares of the company’s stock valued at $1,064,000 after acquiring an additional 467 shares during the last quarter. Osaic Holdings Inc. boosted its holdings in iShares JPX-Nikkei 400 ETF by 329.9% in the second quarter. Osaic Holdings Inc. now owns 331 shares of the company’s stock valued at $26,000 after acquiring an additional 254 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its holdings in iShares JPX-Nikkei 400 ETF by 61.7% in the third quarter. Jones Financial Companies Lllp now owns 6,927 shares of the company’s stock valued at $592,000 after acquiring an additional 2,643 shares during the last quarter.

iShares JPX-Nikkei 400 ETF Stock Up 0.2%

iShares JPX-Nikkei 400 ETF stock traded up $0.19 during mid-day trading on Monday, hitting $95.25. 8,562 shares of the company were exchanged, compared to its average volume of 64,759. The business has a fifty day moving average of $94.57 and a 200 day moving average of $90.19. iShares JPX-Nikkei 400 ETF has a 1-year low of $71.43 and a 1-year high of $101.21. The company has a market capitalization of $142.88 million, a PE ratio of 14.59 and a beta of 0.63.

About iShares JPX-Nikkei 400 ETF

iShares Japan Large-Cap ETF (the Fund), formerly iShares S&P/TOPIX 150 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P/TOPIX 150 (the Index). The Index is comprised of approximately 70% of the market value of the Japanese equity market. Components primarily include consumer discretionary, financial and industrials companies. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Index.