Short Interest in iShares MSCI Japan ETF (NYSEARCA:EWJ) Declines By 47.3%

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

Institutional Trading of iShares MSCI Japan ETF

Institutional investors have recently bought and sold shares of the stock. Focus Partners Wealth grew its position in iShares MSCI Japan ETF by 39.0% in the 1st quarter. Focus Partners Wealth now owns 10,230 shares of the exchange traded fund’s stock valued at $701,000 after acquiring an additional 2,869 shares during the last quarter. Marshall Wace LLP grew its holdings in shares of iShares MSCI Japan ETF by 229.1% in the second quarter. Marshall Wace LLP now owns 38,500 shares of the exchange traded fund’s stock worth $2,886,000 after purchasing an additional 26,800 shares during the last quarter. Qube Research & Technologies Ltd increased its stake in iShares MSCI Japan ETF by 33,504.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 389,477 shares of the exchange traded fund’s stock worth $29,199,000 after buying an additional 388,318 shares during the period. Alliancebernstein L.P. lifted its holdings in iShares MSCI Japan ETF by 6.1% during the 2nd quarter. Alliancebernstein L.P. now owns 546,723 shares of the exchange traded fund’s stock valued at $40,988,000 after buying an additional 31,344 shares in the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its holdings in iShares MSCI Japan ETF by 46.3% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 284,355 shares of the exchange traded fund’s stock valued at $21,318,000 after buying an additional 89,999 shares in the last quarter. 64.60% of the stock is currently owned by institutional investors.

iShares MSCI Japan ETF Stock Down 1.7%

NYSEARCA:EWJ traded down $1.59 during mid-day trading on Thursday, hitting $91.91. 3,334,672 shares of the company traded hands, compared to its average volume of 8,273,822. The stock’s fifty day moving average price is $92.87 and its 200-day moving average price is $88.92. The firm has a market cap of $21.88 billion, a price-to-earnings ratio of 14.63 and a beta of 0.68. iShares MSCI Japan ETF has a one year low of $71.71 and a one year high of $97.52.

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.