iShares MSCI Japan ETF (NYSEARCA:EWJ) Stock Short Interest Report for October

by · The Cerbat Gem

iShares MSCI Japan ETF (NYSEARCA:EWJ – Get Free Report) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 5,173,679 shares, a decline of 53.2% from the September 30th total of 11,056,216 shares. Currently, 2.1% of the company’s shares are short sold. Based on an average daily volume of 3,759,336 shares, the days-to-cover ratio is presently 1.4 days.

Hedge Funds Weigh In On iShares MSCI Japan ETF

Institutional investors have recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its stake in shares of 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 acquiring an additional 128,092 shares in the last quarter. Royal Bank of Canada boosted its stake 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 last quarter. The Manufacturers Life Insurance Company boosted its stake 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 last quarter. Bessemer Group Inc. grew its holdings in shares of iShares MSCI Japan ETF by 2,279.0% during the first quarter. Bessemer Group Inc. now owns 1,670,435 shares of the exchange traded fund’s stock worth $141,051,000 after buying an additional 1,600,219 shares in the last quarter. Finally, Glenmede Trust Co. NA lifted its stake in shares of iShares MSCI Japan ETF by 2.3% in the first quarter. Glenmede Trust Co. NA now owns 1,428,598 shares of the exchange traded fund’s stock worth $120,631,000 after buying an additional 31,547 shares in the last quarter. Hedge funds and other institutional investors own 64.60% of the company’s stock.

iShares MSCI Japan ETF Stock Down 2.1%

EWJ traded down $2.03 during trading on Friday, hitting $92.91. 7,411,998 shares of the company traded hands, compared to its average volume of 6,702,102. The stock’s fifty day moving average is $96.54 and its 200 day moving average is $91.75. iShares MSCI Japan ETF has a one year low of $79.47 and a one year high of $99.98. The firm has a market cap of $23.29 billion, a P/E ratio of 14.63 and a beta of 0.71.

iShares MSCI Japan ETF Company Profile

(Get Free Report)

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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