Short Interest in iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN) Expands By 34.6%

iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN) saw a large growth in short interest in December. As of December 15th, there was short interest totaling 6,759 shares, a growth of 34.6% from the November 30th total of 5,022 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average daily volume of 7,817 shares, the short-interest ratio is currently 0.9 days. Based on an average daily volume of 7,817 shares, the short-interest ratio is currently 0.9 days. Currently, 0.6% of the shares of the stock are short sold.

iShares JPX-Nikkei 400 ETF Price Performance

JPXN traded down $0.42 on Wednesday, reaching $86.47. 3,471 shares of the company’s stock were exchanged, compared to its average volume of 10,120. The stock’s fifty day moving average price is $87.32 and its 200-day moving average price is $84.20. iShares JPX-Nikkei 400 ETF has a twelve month low of $64.67 and a twelve month high of $90.30. The stock has a market cap of $103.76 million, a PE ratio of 14.59 and a beta of 0.65.

Institutional Trading of iShares JPX-Nikkei 400 ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of America Corp DE grew its holdings in shares of iShares JPX-Nikkei 400 ETF by 1.3% in the third quarter. Bank of America Corp DE now owns 13,448 shares of the company’s stock valued at $1,146,000 after purchasing an additional 171 shares during the period. Osaic Holdings Inc. raised its stake in iShares JPX-Nikkei 400 ETF by 329.9% during the second quarter. Osaic Holdings Inc. now owns 331 shares of the company’s stock worth $26,000 after purchasing an additional 254 shares during the period. UBS Group AG raised its stake in iShares JPX-Nikkei 400 ETF by 6.6% during the third quarter. UBS Group AG now owns 7,946 shares of the company’s stock worth $677,000 after purchasing an additional 492 shares during the period. Susquehanna International Group LLP boosted its holdings in iShares JPX-Nikkei 400 ETF by 14.8% in the 3rd quarter. Susquehanna International Group LLP now owns 12,816 shares of the company’s stock valued at $1,092,000 after purchasing an additional 1,653 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of iShares JPX-Nikkei 400 ETF in the 2nd quarter valued at approximately $162,000.

About iShares JPX-Nikkei 400 ETF

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.