iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) Short Interest Up 195.6% in May

iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) saw a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 42,905 shares, a growth of 195.6% from the April 30th total of 14,513 shares. Based on an average trading volume of 60,397 shares, the short-interest ratio is presently 0.7 days. Approximately 1.9% of the shares of the company are short sold.

iShares MSCI Japan Small-Cap ETF Price Performance

Shares of NYSEARCA SCJ traded up $0.56 during mid-day trading on Friday, hitting $105.91. The company had a trading volume of 15,880 shares, compared to its average volume of 67,862. The business’s 50-day simple moving average is $101.32 and its 200-day simple moving average is $98.03. iShares MSCI Japan Small-Cap ETF has a 12 month low of $81.49 and a 12 month high of $107.32. The firm has a market cap of $243.59 million, a P/E ratio of 13.39 and a beta of 0.50.

Institutional Investors Weigh In On iShares MSCI Japan Small-Cap ETF

Several hedge funds have recently made changes to their positions in the stock. Resolute Advisors LLC lifted its stake in shares of iShares MSCI Japan Small-Cap ETF by 4.0% in the first quarter. Resolute Advisors LLC now owns 4,049 shares of the company’s stock valued at $393,000 after buying an additional 156 shares during the period. Van Berkom & Associates Inc. bought a new stake in shares of iShares MSCI Japan Small-Cap ETF in the fourth quarter valued at about $94,000. JPMorgan Chase & Co. lifted its stake in shares of iShares MSCI Japan Small-Cap ETF by 169.6% in the second quarter. JPMorgan Chase & Co. now owns 2,197 shares of the company’s stock valued at $187,000 after buying an additional 1,382 shares during the period. Finally, Jones Financial Companies Lllp lifted its stake in shares of iShares MSCI Japan Small-Cap ETF by 412.8% in the first quarter. Jones Financial Companies Lllp now owns 5,128 shares of the company’s stock valued at $393,000 after buying an additional 4,128 shares during the period.

About iShares MSCI Japan Small-Cap ETF

The iShares MSCI Japan Small-Cap ETF (SCJ) is an exchange-traded fund that is based on the MSCI Japan Small Cap index, a market-cap-weighted index of small-cap Japanese stocks. SCJ was launched on Dec 20, 2007 and is managed by BlackRock.