iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN) Short Interest Update

iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN) was the target of a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 14,633 shares, a decline of 83.6% from the February 26th total of 88,968 shares. Based on an average daily trading volume, of 172,765 shares, the days-to-cover ratio is currently 0.1 days. Currently, 1.1% of the shares of the company are short sold. Currently, 1.1% of the shares of the company are short sold. Based on an average daily trading volume, of 172,765 shares, the days-to-cover ratio is currently 0.1 days.

iShares JPX-Nikkei 400 ETF Stock Down 0.2%

Shares of NYSEARCA JPXN traded down $0.15 during trading on Tuesday, reaching $90.22. 85,151 shares of the company traded hands, compared to its average volume of 75,094. The firm has a 50 day simple moving average of $94.25 and a 200-day simple moving average of $89.57. The stock has a market capitalization of $121.80 million, a PE ratio of 14.59 and a beta of 0.65. iShares JPX-Nikkei 400 ETF has a 52-week low of $64.67 and a 52-week high of $101.21.

Institutional Investors Weigh In On iShares JPX-Nikkei 400 ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Osaic Holdings Inc. raised its stake in iShares JPX-Nikkei 400 ETF by 329.9% during the 2nd quarter. Osaic Holdings Inc. now owns 331 shares of the company’s stock valued at $26,000 after buying an additional 254 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of iShares JPX-Nikkei 400 ETF in the 4th quarter worth $35,000. Raymond James Financial Inc. bought a new stake in shares of iShares JPX-Nikkei 400 ETF in the second quarter worth $162,000. Matthew Goff Investment Advisor LLC purchased a new stake in iShares JPX-Nikkei 400 ETF during the fourth quarter valued at $307,000. Finally, Jones Financial Companies Lllp increased its position in iShares JPX-Nikkei 400 ETF by 61.7% during the third quarter. Jones Financial Companies Lllp now owns 6,927 shares of the company’s stock valued at $592,000 after acquiring an additional 2,643 shares during the last quarter.

iShares JPX-Nikkei 400 ETF Company Profile

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.