iShares MSCI Japan Value ETF (NASDAQ:EWJV) Sees Large Drop in Short Interest

iShares MSCI Japan Value ETF (NASDAQ:EWJV) saw a large drop in short interest in December. As of December 31st, there was short interest totaling 27,308 shares, a drop of 32.1% from the December 15th total of 40,229 shares. Based on an average daily volume of 108,864 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the shares of the stock are sold short. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 108,864 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of iShares MSCI Japan Value ETF

A number of hedge funds have recently modified their holdings of EWJV. North Capital Inc. bought a new position in shares of iShares MSCI Japan Value ETF during the 2nd quarter worth about $25,000. Northwestern Mutual Wealth Management Co. grew its stake in iShares MSCI Japan Value ETF by 72.3% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,022 shares of the company’s stock worth $40,000 after buying an additional 429 shares during the last quarter. Copia Wealth Management increased its holdings in shares of iShares MSCI Japan Value ETF by 11.2% during the second quarter. Copia Wealth Management now owns 3,447 shares of the company’s stock worth $120,000 after buying an additional 347 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of iShares MSCI Japan Value ETF in the second quarter valued at approximately $162,000. Finally, Advisory Services Network LLC bought a new position in shares of iShares MSCI Japan Value ETF in the third quarter valued at approximately $206,000.

iShares MSCI Japan Value ETF Trading Up 0.5%

Shares of NASDAQ EWJV traded up $0.22 during midday trading on Friday, reaching $42.44. The company’s stock had a trading volume of 142,035 shares, compared to its average volume of 184,085. iShares MSCI Japan Value ETF has a one year low of $28.84 and a one year high of $42.57. The company has a 50 day moving average price of $40.26 and a 200 day moving average price of $38.60. The company has a market cap of $564.45 million, a price-to-earnings ratio of 10.93 and a beta of 0.49.

iShares MSCI Japan Value ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were paid a dividend of $1.7492 per share. This represents a yield of 882.0%. The ex-dividend date was Tuesday, December 16th.

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.