iShares MSCI Japan ETF (NYSEARCA:EWJ) Short Interest Down 30.3% in February

iShares MSCI Japan ETF (NYSEARCA:EWJ) saw a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 10,843,837 shares, a decrease of 30.3% from the February 12th total of 15,555,286 shares. Based on an average trading volume of 9,981,039 shares, the short-interest ratio is presently 1.1 days. Currently, 5.6% of the company’s stock are sold short. Currently, 5.6% of the company’s stock are sold short. Based on an average trading volume of 9,981,039 shares, the short-interest ratio is presently 1.1 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada boosted its stake in iShares MSCI Japan ETF by 254.4% in the 4th quarter. Royal Bank of Canada now owns 2,542,081 shares of the exchange traded fund’s stock worth $205,247,000 after purchasing an additional 1,824,734 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of iShares MSCI Japan ETF by 511.5% in the fourth quarter. The Manufacturers Life Insurance Company now owns 1,830,745 shares of the exchange traded fund’s stock worth $147,814,000 after buying an additional 1,531,363 shares during the last quarter. Fisher Asset Management LLC lifted its stake in shares of iShares MSCI Japan ETF by 60.6% during the second quarter. Fisher Asset Management LLC now owns 2,677,275 shares of the exchange traded fund’s stock worth $200,715,000 after buying an additional 1,010,345 shares during the period. Quadrature Capital Ltd lifted its stake in shares of iShares MSCI Japan ETF by 1,593.2% during the fourth quarter. Quadrature Capital Ltd now owns 992,110 shares of the exchange traded fund’s stock worth $80,103,000 after buying an additional 933,517 shares during the period. Finally, Johns Hopkins University purchased a new stake in shares of iShares MSCI Japan ETF during the second quarter valued at $57,761,000. 64.60% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Japan ETF Price Performance

NYSEARCA EWJ traded down $0.83 on Friday, hitting $83.36. The stock had a trading volume of 9,981,424 shares, compared to its average volume of 10,752,932. The business’s fifty day moving average price is $87.51 and its 200 day moving average price is $83.66. The stock has a market cap of $16.27 billion, a price-to-earnings ratio of 14.63 and a beta of 0.68. iShares MSCI Japan ETF has a 52-week low of $59.84 and a 52-week high of $94.28.

About iShares MSCI Japan ETF

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.