Short Interest in iShares MSCI Japan Value ETF (NASDAQ:EWJV) Grows By 41.2%
by Michael Walen · The Markets DailyiShares MSCI Japan Value ETF (NASDAQ:EWJV – Get Free Report) saw a large growth in short interest during the month of March. As of March 31st, there was short interest totaling 222,231 shares, a growth of 41.2% from the March 15th total of 157,415 shares. Approximately 1.3% of the company’s shares are sold short. Based on an average daily volume of 166,310 shares, the days-to-cover ratio is currently 1.3 days.
iShares MSCI Japan Value ETF Stock Performance
EWJV stock opened at $44.18 on Wednesday. The firm has a market cap of $751.06 million, a PE ratio of 10.93 and a beta of 0.47. The firm’s 50 day moving average price is $43.94 and its 200-day moving average price is $41.47. iShares MSCI Japan Value ETF has a one year low of $32.11 and a one year high of $47.69.
Institutional Trading of iShares MSCI Japan Value ETF
A number of hedge funds and other institutional investors have recently modified their holdings of EWJV. Osaic Holdings Inc. increased its holdings in iShares MSCI Japan Value ETF by 31.8% in the second quarter. Osaic Holdings Inc. now owns 72,595 shares of the company’s stock valued at $2,523,000 after buying an additional 17,506 shares during the last quarter. Guardian Partners Inc. raised its position in iShares MSCI Japan Value ETF by 933.4% in the 3rd quarter. Guardian Partners Inc. now owns 427,575 shares of the company’s stock valued at $16,576,000 after purchasing an additional 386,199 shares during the last quarter. SteelPeak Wealth LLC acquired a new position in iShares MSCI Japan Value ETF in the fourth quarter valued at $471,000. Flow Traders U.S. LLC increased its position in iShares MSCI Japan Value ETF by 38.0% in the 3rd quarter. Flow Traders U.S. LLC now owns 446,596 shares of the company’s stock valued at $17,441,000 after acquiring an additional 122,887 shares during the period. Finally, TPG Advisors LLC acquired a new stake in iShares MSCI Japan Value ETF during the 3rd quarter worth approximately $431,000.
About iShares MSCI Japan Value ETF
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.