iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN) Short Interest Down 44.4% in December

iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN) was the recipient of a large drop in short interest in December. As of December 31st, there was short interest totaling 3,760 shares, a drop of 44.4% from the December 15th total of 6,759 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average trading volume of 6,735 shares, the days-to-cover ratio is presently 0.6 days. Based on an average trading volume of 6,735 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.3% of the shares of the stock are short sold.

iShares JPX-Nikkei 400 ETF Trading Up 0.2%

Shares of JPXN traded up $0.19 during mid-day trading on Thursday, hitting $91.24. 4,182 shares of the company traded hands, compared to its average volume of 11,948. The stock has a market capitalization of $109.49 million, a price-to-earnings ratio of 14.59 and a beta of 0.65. The business has a 50-day moving average of $87.71 and a 200 day moving average of $85.03. iShares JPX-Nikkei 400 ETF has a one year low of $64.67 and a one year high of $91.79.

Hedge Funds Weigh In On iShares JPX-Nikkei 400 ETF

Several large investors have recently made changes to their positions in the company. Jane Street Group LLC boosted its holdings in iShares JPX-Nikkei 400 ETF by 32.8% in the first quarter. Jane Street Group LLC now owns 91,084 shares of the company’s stock valued at $6,647,000 after acquiring an additional 22,488 shares during the last quarter. Flow Traders U.S. LLC lifted its position in iShares JPX-Nikkei 400 ETF by 12.1% during the 3rd quarter. Flow Traders U.S. LLC now owns 84,389 shares of the company’s stock valued at $7,193,000 after purchasing an additional 9,135 shares during the period. Citadel Advisors LLC acquired a new position in iShares JPX-Nikkei 400 ETF during the 3rd quarter valued at about $2,746,000. Bank of America Corp DE boosted its stake in shares of iShares JPX-Nikkei 400 ETF by 1.3% in the 3rd 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 last quarter. Finally, Susquehanna International Group LLP boosted its stake in shares of 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.

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.