iShares MSCI Japan ETF (NYSEARCA:EWJ – Get Free Report) saw a large decrease in short interest in October. As of October 15th, there was short interest totaling 5,173,679 shares, a decrease of 53.2% from the September 30th total of 11,056,216 shares. Based on an average trading volume of 3,759,336 shares, the short-interest ratio is currently 1.4 days. Currently, 2.1% of the company’s stock are sold short.
iShares MSCI Japan ETF Price Performance
Shares of NYSEARCA:EWJ traded down $2.03 during trading hours on Friday, hitting $92.91. The company’s stock had a trading volume of 7,411,998 shares, compared to its average volume of 6,702,102. The firm’s fifty day moving average price is $96.57 and its 200 day moving average price is $91.72. iShares MSCI Japan ETF has a 52 week low of $79.47 and a 52 week high of $99.98. The company has a market capitalization of $23.20 billion, a price-to-earnings ratio of 14.63 and a beta of 0.71.
Institutional Trading of iShares MSCI Japan ETF
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Fifth Third Bancorp grew its holdings in shares of iShares MSCI Japan ETF by 612,227.5% during the first quarter. Fifth Third Bancorp now owns 244,931 shares of the exchange traded fund’s stock valued at $20,682,000 after buying an additional 244,891 shares during the last quarter. Diversify Advisory Services LLC raised its stake in iShares MSCI Japan ETF by 706.6% in the 3rd quarter. Diversify Advisory Services LLC now owns 21,858 shares of the exchange traded fund’s stock worth $2,086,000 after acquiring an additional 19,148 shares during the last quarter. Noble Wealth Partners LLC purchased a new position in iShares MSCI Japan ETF in the 2nd quarter worth $531,000. Lifeworks Advisors LLC lifted its position in iShares MSCI Japan ETF by 34.5% during the 1st quarter. Lifeworks Advisors LLC now owns 31,367 shares of the exchange traded fund’s stock worth $2,649,000 after acquiring an additional 8,048 shares during the period. Finally, Angeles Wealth Management LLC lifted its position in iShares MSCI Japan ETF by 3.8% during the 3rd quarter. Angeles Wealth Management LLC now owns 374,300 shares of the exchange traded fund’s stock worth $36,482,000 after acquiring an additional 13,580 shares during the period. Institutional investors own 64.60% of the company’s stock.
iShares MSCI Japan ETF Company Profile
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.
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