iShares MSCI Japan ETF (NYSEARCA:EWJ) Short Interest Update

iShares MSCI Japan ETF (NYSEARCA:EWJ) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 8,850,000 shares, an increase of 49.2% from the September 15th total of 5,930,000 shares. Based on an average daily volume of 6,039,400 shares, the short-interest ratio is currently 1.5 days. Based on an average daily volume of 6,039,400 shares, the short-interest ratio is currently 1.5 days.

iShares MSCI Japan ETF Stock Performance

Shares of EWJ stock opened at $82.50 on Friday. iShares MSCI Japan ETF has a 52-week low of $59.84 and a 52-week high of $83.79. The stock has a market cap of $15.27 billion, a price-to-earnings ratio of 14.63 and a beta of 0.68. The firm has a fifty day moving average of $80.52 and a 200-day moving average of $75.42.

Institutional Investors Weigh In On iShares MSCI Japan ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in EWJ. Larson Financial Group LLC increased its position in iShares MSCI Japan ETF by 195.2% in the 1st quarter. Larson Financial Group LLC now owns 372 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 246 shares in the last quarter. LRI Investments LLC bought a new position in iShares MSCI Japan ETF during the 2nd quarter worth approximately $26,000. Trust Co. of Vermont bought a new position in iShares MSCI Japan ETF in the second quarter valued at approximately $30,000. Wealth Preservation Advisors LLC bought a new position in iShares MSCI Japan ETF in the first quarter valued at approximately $33,000. Finally, Morgan Dempsey Capital Management LLC bought a new stake in shares of iShares MSCI Japan ETF in the second quarter worth $36,000. Institutional investors and hedge funds 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).