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

iShares MSCI Japan ETF (NYSEARCA:EWJ) was the recipient of a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 4,930,125 shares, a drop of 47.3% from the June 15th total of 9,350,498 shares. Based on an average trading volume of 5,532,447 shares, the days-to-cover ratio is presently 0.9 days. Currently, 2.1% of the shares of the company are sold short.

iShares MSCI Japan ETF Stock Down 0.8%

iShares MSCI Japan ETF stock traded down $0.72 during mid-day trading on Wednesday, hitting $93.17. 3,365,785 shares of the company’s stock traded hands, compared to its average volume of 8,299,267. iShares MSCI Japan ETF has a one year low of $71.51 and a one year high of $97.52. The firm has a 50 day moving average price of $92.81 and a 200 day moving average price of $88.76. The company has a market cap of $22.18 billion, a PE ratio of 14.63 and a beta of 0.68.

Institutional Investors Weigh In On iShares MSCI Japan ETF

Institutional investors have recently bought and sold shares of the stock. Narus Financial Partners LLC lifted its position in shares of iShares MSCI Japan ETF by 2.6% during the fourth quarter. Narus Financial Partners LLC now owns 4,472 shares of the exchange traded fund’s stock worth $361,000 after acquiring an additional 115 shares in the last quarter. Steel Grove Capital Advisors LLC lifted its stake in iShares MSCI Japan ETF by 4.1% in the 4th quarter. Steel Grove Capital Advisors LLC now owns 3,070 shares of the exchange traded fund’s stock worth $248,000 after purchasing an additional 120 shares in the last quarter. CoreCap Advisors LLC raised its position in shares of iShares MSCI Japan ETF by 0.5% in the fourth quarter. CoreCap Advisors LLC now owns 25,396 shares of the exchange traded fund’s stock worth $2,050,000 after buying an additional 128 shares in the last quarter. DAVENPORT & Co LLC raised its holdings in shares of iShares MSCI Japan ETF by 4.7% in the 4th quarter. DAVENPORT & Co LLC now owns 2,849 shares of the exchange traded fund’s stock valued at $230,000 after acquiring an additional 129 shares in the last quarter. Finally, Freestone Capital Holdings LLC raised its stake in iShares MSCI Japan ETF by 3.3% in the fourth quarter. Freestone Capital Holdings LLC now owns 4,060 shares of the exchange traded fund’s stock valued at $328,000 after purchasing an additional 130 shares in the last quarter. Institutional investors and hedge funds own 64.60% of the company’s stock.

About iShares MSCI Japan ETF

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). The Index consists of stocks traded primarily on the Tokyo Stock Exchange. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.