iShares MSCI Japan Value ETF (NASDAQ:EWJV) Short Interest Up 876.9% in January

iShares MSCI Japan Value ETF (NASDAQ:EWJV) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 266,768 shares, an increase of 876.9% from the December 31st total of 27,308 shares. Currently, 1.9% of the shares of the stock are short sold. Based on an average daily volume of 185,892 shares, the days-to-cover ratio is currently 1.4 days. Based on an average daily volume of 185,892 shares, the days-to-cover ratio is currently 1.4 days. Currently, 1.9% of the shares of the stock are short sold.

iShares MSCI Japan Value ETF Price Performance

Shares of EWJV stock traded down $0.53 on Wednesday, hitting $41.73. 167,551 shares of the stock traded hands, compared to its average volume of 206,492. iShares MSCI Japan Value ETF has a 52 week low of $28.84 and a 52 week high of $42.57. The firm has a 50 day simple moving average of $40.56 and a two-hundred day simple moving average of $39.02. The firm has a market cap of $584.15 million, a price-to-earnings ratio of 10.93 and a beta of 0.49.

iShares MSCI Japan Value ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were given a $1.7492 dividend. This represents a dividend yield of 882.0%. The ex-dividend date was Tuesday, December 16th.

Institutional Trading of iShares MSCI Japan Value ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE boosted its stake in iShares MSCI Japan Value ETF by 29.3% in the 3rd quarter. Bank of America Corp DE now owns 1,038,103 shares of the company’s stock worth $40,541,000 after purchasing an additional 235,301 shares during the period. Flow Traders U.S. LLC lifted its holdings in shares of iShares MSCI Japan Value ETF by 38.0% in the third quarter. Flow Traders U.S. LLC now owns 446,596 shares of the company’s stock worth $17,441,000 after buying an additional 122,887 shares in the last quarter. Guardian Partners Inc. boosted its position in shares of iShares MSCI Japan Value ETF by 933.4% during the third quarter. Guardian Partners Inc. now owns 427,575 shares of the company’s stock worth $16,576,000 after acquiring an additional 386,199 shares during the last quarter. Jane Street Group LLC boosted its position in shares of iShares MSCI Japan Value ETF by 121.5% during the first quarter. Jane Street Group LLC now owns 159,833 shares of the company’s stock worth $5,318,000 after acquiring an additional 87,663 shares during the last quarter. Finally, Private Advisor Group LLC grew its stake in iShares MSCI Japan Value ETF by 0.6% during the third quarter. Private Advisor Group LLC now owns 78,192 shares of the company’s stock valued at $3,054,000 after acquiring an additional 473 shares in the last quarter.

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.