iShares MSCI Japan Value ETF (NASDAQ:EWJV) Sees Significant Decrease in Short Interest
by Renee Jackson · The Cerbat GemiShares MSCI Japan Value ETF (NASDAQ:EWJV – Get Free Report) was the recipient of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 61,199 shares, a decrease of 64.9% from the April 30th total of 174,275 shares. Based on an average trading volume of 355,526 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.4% of the company’s stock are short sold.
iShares MSCI Japan Value ETF Stock Up 0.2%
Shares of iShares MSCI Japan Value ETF stock traded up $0.11 during midday trading on Friday, hitting $45.52. The company had a trading volume of 90,308 shares, compared to its average volume of 230,243. The company has a fifty day simple moving average of $43.65 and a 200 day simple moving average of $42.57. The stock has a market cap of $769.29 million, a price-to-earnings ratio of 10.93 and a beta of 0.46. iShares MSCI Japan Value ETF has a 12-month low of $33.50 and a 12-month high of $47.69.
Hedge Funds Weigh In On iShares MSCI Japan Value ETF
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EWJV. Western Wealth Management LLC purchased a new position in shares of iShares MSCI Japan Value ETF in the first quarter worth about $150,000. Royal Bank of Canada boosted its position in iShares MSCI Japan Value ETF by 98.5% in the first quarter. Royal Bank of Canada now owns 25,472 shares of the company’s stock valued at $1,087,000 after buying an additional 12,637 shares during the last quarter. Quantinno Capital Management LP acquired a new position in iShares MSCI Japan Value ETF in the 1st quarter worth approximately $285,000. Waverly Advisors LLC purchased a new position in iShares MSCI Japan Value ETF during the 1st quarter worth approximately $2,860,000. Finally, Aldebaran Capital LLC purchased a new position in iShares MSCI Japan Value ETF during the 1st quarter worth approximately $707,000.
iShares MSCI Japan Value ETF Company Profile
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.