Short Interest in iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) Declines By 56.7%

iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) saw a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 430,768 shares, a drop of 56.7% from the April 15th total of 995,859 shares. Based on an average trading volume of 524,457 shares, the short-interest ratio is currently 0.8 days. Approximately 1.2% of the shares of the stock are sold short.

iShares MSCI All Country Asia ex Japan ETF Price Performance

AAXJ opened at $112.78 on Friday. The stock’s 50 day simple moving average is $103.79 and its 200 day simple moving average is $99.30. The stock has a market cap of $3.97 billion, a P/E ratio of 15.30 and a beta of 0.70. iShares MSCI All Country Asia ex Japan ETF has a 1-year low of $77.02 and a 1-year high of $117.99.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Russell Investments Group Ltd. acquired a new position in shares of iShares MSCI All Country Asia ex Japan ETF during the 3rd quarter worth $142,000. Jones Financial Companies Lllp increased its holdings in iShares MSCI All Country Asia ex Japan ETF by 199.7% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,942 shares of the exchange traded fund’s stock valued at $175,000 after acquiring an additional 1,294 shares in the last quarter. Saranac Partners Ltd purchased a new position in iShares MSCI All Country Asia ex Japan ETF during the 3rd quarter valued at about $228,000. BNP Paribas Financial Markets raised its position in iShares MSCI All Country Asia ex Japan ETF by 42.0% during the second quarter. BNP Paribas Financial Markets now owns 10,534 shares of the exchange traded fund’s stock worth $870,000 after acquiring an additional 3,115 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its position in iShares MSCI All Country Asia ex Japan ETF by 2.4% during the second quarter. Ameriprise Financial Inc. now owns 19,330 shares of the exchange traded fund’s stock worth $1,597,000 after acquiring an additional 459 shares during the last quarter.

iShares MSCI All Country Asia ex Japan ETF Company Profile

iShares MSCI All Country Asia ex Japan ETF (the Fund), formerly The iShares MSCI All Country Asia ex Japan Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, of the MSCI All Country Asia ex Japan Index (the Index). The Index is a free-float adjusted market capitalization index designed to measure equity market performance of the 12 countries, such as Australia, China, Honk Kong, India, Indonesia, Malaysia, New Zealand, the Philippines, Singapore, South Korea, Taiwan and Thailand.