iShares MSCI Japan ETF (NYSEARCA:EWJ) Shares Shorted: Short Interest Up 168.7% in September

iShares MSCI Japan ETF (NYSEARCA:EWJ) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 11,056,216 shares, a growth of 168.7% from the September 15th total of 4,114,944 shares. Based on an average trading volume of 4,074,791 shares, the days-to-cover ratio is presently 2.7 days. Currently, 4.5% of the company’s shares are short sold.

iShares MSCI Japan ETF Stock Down 0.5%

NYSEARCA EWJ traded down $0.48 on Monday, hitting $97.38. The company’s stock had a trading volume of 1,151,821 shares, compared to its average volume of 6,896,331. The company’s 50-day moving average is $96.83 and its 200 day moving average is $92.89. The firm has a market cap of $23.69 billion, a PE ratio of 14.63 and a beta of 0.71. iShares MSCI Japan ETF has a 1-year low of $78.84 and a 1-year high of $99.98.

Institutional Trading of iShares MSCI Japan ETF

Institutional investors have recently modified their holdings of the business. Envestnet Asset Management Inc. increased its stake in shares of iShares MSCI Japan ETF by 2.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,990,384 shares of the exchange traded fund’s stock valued at $558,723,000 after acquiring an additional 128,092 shares in the last quarter. Royal Bank of Canada lifted its position in shares of iShares MSCI Japan ETF by 98.6% during the 1st quarter. Royal Bank of Canada now owns 5,048,553 shares of the exchange traded fund’s stock valued at $426,300,000 after acquiring an additional 2,506,472 shares during the period. The Manufacturers Life Insurance Company boosted its stake in iShares MSCI Japan ETF by 11.1% during the first quarter. The Manufacturers Life Insurance Company now owns 2,034,620 shares of the exchange traded fund’s stock worth $171,803,000 after acquiring an additional 203,875 shares in the last quarter. Bessemer Group Inc. boosted its stake in iShares MSCI Japan ETF by 2,279.0% during the first quarter. Bessemer Group Inc. now owns 1,670,435 shares of the exchange traded fund’s stock worth $141,051,000 after acquiring an additional 1,600,219 shares in the last quarter. Finally, Glenmede Trust Co. NA boosted its stake in iShares MSCI Japan ETF by 2.3% during the first quarter. Glenmede Trust Co. NA now owns 1,428,598 shares of the exchange traded fund’s stock worth $120,631,000 after acquiring an additional 31,547 shares in the last quarter. Institutional investors own 64.60% of the company’s stock.

iShares MSCI Japan ETF Company Profile

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.