iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN) Short Interest Up 167.0% in January

iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 10,039 shares, a growth of 167.0% from the December 31st total of 3,760 shares. Approximately 0.8% of the company’s stock are short sold. Based on an average daily trading volume, of 11,991 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily trading volume, of 11,991 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.8% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Citadel Advisors LLC purchased a new stake in iShares JPX-Nikkei 400 ETF in the 3rd quarter worth $2,746,000. Jane Street Group LLC lifted its holdings in shares of iShares JPX-Nikkei 400 ETF by 32.8% in the 1st quarter. Jane Street Group LLC now owns 91,084 shares of the company’s stock worth $6,647,000 after acquiring an additional 22,488 shares during the last quarter. Flow Traders U.S. LLC grew its stake in shares of iShares JPX-Nikkei 400 ETF by 12.1% during the third quarter. Flow Traders U.S. LLC now owns 84,389 shares of the company’s stock valued at $7,193,000 after buying an additional 9,135 shares during the last quarter. Matthew Goff Investment Advisor LLC purchased a new stake in iShares JPX-Nikkei 400 ETF in the fourth quarter worth $307,000. Finally, Jones Financial Companies Lllp lifted its holdings in iShares JPX-Nikkei 400 ETF by 61.7% during the 3rd quarter. Jones Financial Companies Lllp now owns 6,927 shares of the company’s stock valued at $592,000 after buying an additional 2,643 shares in the last quarter.

iShares JPX-Nikkei 400 ETF Stock Performance

Shares of JPXN traded down $0.32 during trading hours on Friday, hitting $92.02. The company had a trading volume of 16,521 shares, compared to its average volume of 31,756. The firm has a fifty day moving average price of $88.69 and a 200-day moving average price of $85.99. iShares JPX-Nikkei 400 ETF has a 52-week low of $64.67 and a 52-week high of $92.46. The stock has a market capitalization of $110.42 million, a price-to-earnings ratio of 14.59 and a beta of 0.65.

iShares JPX-Nikkei 400 ETF Company Profile

iShares Japan Large-Cap ETF (the Fund), formerly iShares S&P/TOPIX 150 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P/TOPIX 150 (the Index). The Index is comprised of approximately 70% of the market value of the Japanese equity market. Components primarily include consumer discretionary, financial and industrials companies. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Index.